KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Stock Price Up 0.5% – Should You Buy?

KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) shares rose 0.5% during trading on Wednesday . The company traded as high as $23.11 and last traded at $23.11. Approximately 196 shares changed hands during trading, a decline of 96% from the average daily volume of 5,209 shares. The stock had previously closed at $23.00.

KraneShares European Carbon Allowance Strategy ETF Stock Performance

The company has a 50 day simple moving average of $22.68 and a two-hundred day simple moving average of $23.56.

Institutional Trading of KraneShares European Carbon Allowance Strategy ETF

An institutional investor recently bought a new position in KraneShares European Carbon Allowance Strategy ETF stock. National Bank of Canada FI bought a new position in shares of KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,805 shares of the company’s stock, valued at approximately $295,000. National Bank of Canada FI owned about 2.56% of KraneShares European Carbon Allowance Strategy ETF at the end of the most recent reporting period.

About KraneShares European Carbon Allowance Strategy ETF

The KraneShares European Carbon Allowance Strategy ETF (KEUA) is an exchange-traded fund that is based on the IHS Markit Carbon EUA index. The fund tracks a liquidity-weighted EUA carbon credit futures index. KEUA was launched on Oct 5, 2021 and is managed by KraneShares.