Bank of Montreal Can Purchases 126,734 Shares of KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN)

Bank of Montreal Can grew its position in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 4,376.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 129,630 shares of the company’s stock after purchasing an additional 126,734 shares during the period. Bank of Montreal Can owned about 1.34% of KraneShares Global Carbon Strategy ETF worth $4,135,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Private Advisor Group LLC increased its stake in KraneShares Global Carbon Strategy ETF by 7.6% in the 3rd quarter. Private Advisor Group LLC now owns 20,992 shares of the company’s stock valued at $665,000 after buying an additional 1,476 shares during the last quarter. Cetera Advisors LLC bought a new stake in KraneShares Global Carbon Strategy ETF during the first quarter worth $237,000. Wealth Enhancement Advisory Services LLC grew its stake in KraneShares Global Carbon Strategy ETF by 1.0% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 41,564 shares of the company’s stock valued at $1,352,000 after purchasing an additional 426 shares during the period. Summit Trail Advisors LLC increased its position in shares of KraneShares Global Carbon Strategy ETF by 305.0% during the 2nd quarter. Summit Trail Advisors LLC now owns 326,497 shares of the company’s stock valued at $10,624,000 after purchasing an additional 245,880 shares during the last quarter. Finally, Creekside Partners bought a new stake in shares of KraneShares Global Carbon Strategy ETF during the 2nd quarter worth $350,000.

KraneShares Global Carbon Strategy ETF Price Performance

NYSEARCA:KRBN opened at $31.01 on Wednesday. KraneShares Global Carbon Strategy ETF has a 1 year low of $28.06 and a 1 year high of $36.56. The business has a fifty day simple moving average of $31.57 and a two-hundred day simple moving average of $32.40.

About KraneShares Global Carbon Strategy ETF

The KraneShares Global Carbon ETF (KRBN) is an exchange-traded fund that is based on the IHS Markit Global Carbon index. The fund seeks to track a carbon credit futures index that weights holdings based on trade volume. The fund holds December futures from three major cap-and-trade programs KRBN was launched on Jul 30, 2020 and is managed by KraneShares.