Global Endowment Management LP Reduces Holdings in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN)

Global Endowment Management LP lowered its stake in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBNFree Report) by 40.0% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 15,000 shares of the company’s stock after selling 10,000 shares during the period. Global Endowment Management LP’s holdings in KraneShares Global Carbon Strategy ETF were worth $547,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Spinnaker Trust grew its holdings in shares of KraneShares Global Carbon Strategy ETF by 2.1% during the fourth quarter. Spinnaker Trust now owns 253,583 shares of the company’s stock worth $9,253,000 after buying an additional 5,242 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in KraneShares Global Carbon Strategy ETF by 8.6% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 113,330 shares of the company’s stock worth $4,135,000 after acquiring an additional 8,972 shares during the period. Summit Trail Advisors LLC raised its holdings in KraneShares Global Carbon Strategy ETF by 75.2% in the 4th quarter. Summit Trail Advisors LLC now owns 82,739 shares of the company’s stock valued at $3,019,000 after acquiring an additional 35,521 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of KraneShares Global Carbon Strategy ETF by 1.7% during the 4th quarter. Geneos Wealth Management Inc. now owns 23,299 shares of the company’s stock worth $850,000 after purchasing an additional 387 shares during the period. Finally, M. Kulyk & Associates LLC grew its position in shares of KraneShares Global Carbon Strategy ETF by 4.2% in the fourth quarter. M. Kulyk & Associates LLC now owns 18,987 shares of the company’s stock valued at $693,000 after purchasing an additional 772 shares during the period.

KraneShares Global Carbon Strategy ETF Stock Performance

KraneShares Global Carbon Strategy ETF stock traded down $0.37 during trading on Friday, hitting $34.84. The company’s stock had a trading volume of 69,654 shares, compared to its average volume of 97,554. The stock’s fifty day moving average is $32.84 and its 200 day moving average is $32.67. KraneShares Global Carbon Strategy ETF has a 1-year low of $28.06 and a 1-year high of $41.50.

About KraneShares Global Carbon Strategy ETF

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding KRBN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBNFree Report).

Institutional Ownership by Quarter for KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN)

Receive News & Ratings for KraneShares Global Carbon Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares Global Carbon Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.