Summit Trail Advisors LLC Acquires 245,880 Shares of KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN)

Summit Trail Advisors LLC boosted its position in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 305.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 326,497 shares of the company’s stock after acquiring an additional 245,880 shares during the quarter. Summit Trail Advisors LLC owned 3.37% of KraneShares Global Carbon Strategy ETF worth $10,624,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of the business. Cambridge Investment Research Advisors Inc. raised its position in shares of KraneShares Global Carbon Strategy ETF by 32.2% during the first quarter. Cambridge Investment Research Advisors Inc. now owns 149,836 shares of the company’s stock worth $4,609,000 after acquiring an additional 36,506 shares during the last quarter. Riverwater Partners LLC grew its position in KraneShares Global Carbon Strategy ETF by 41.1% in the 1st quarter. Riverwater Partners LLC now owns 68,070 shares of the company’s stock valued at $2,094,000 after purchasing an additional 19,833 shares during the period. Wealth Enhancement Advisory Services LLC raised its holdings in KraneShares Global Carbon Strategy ETF by 1.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 41,564 shares of the company’s stock worth $1,352,000 after buying an additional 426 shares during the last quarter. Kraematon Investment Advisors Inc. lifted its position in KraneShares Global Carbon Strategy ETF by 1.5% in the 2nd quarter. Kraematon Investment Advisors Inc. now owns 34,202 shares of the company’s stock valued at $1,113,000 after acquiring an additional 500 shares in the last quarter. Finally, Virtu Financial LLC acquired a new position in KraneShares Global Carbon Strategy ETF during the 4th quarter valued at about $907,000.

KraneShares Global Carbon Strategy ETF Stock Up 0.6 %

Shares of NYSEARCA:KRBN opened at $31.49 on Friday. The business’s 50 day moving average is $32.35 and its 200 day moving average is $32.39. KraneShares Global Carbon Strategy ETF has a 12-month low of $28.06 and a 12-month high of $37.64.

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.