Pekin Hardy Strauss Inc. Sells 4,925 Shares of KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA)

Pekin Hardy Strauss Inc. reduced its position in KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) by 20.3% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,330 shares of the company’s stock after selling 4,925 shares during the period. Pekin Hardy Strauss Inc.’s holdings in KraneShares California Carbon Allowance Strategy ETF were worth $417,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of the business. Bank of Montreal Can raised its holdings in KraneShares California Carbon Allowance Strategy ETF by 242.7% during the second quarter. Bank of Montreal Can now owns 33,200 shares of the company’s stock worth $744,000 after buying an additional 23,512 shares during the last quarter. Battery Global Advisors LLC bought a new stake in shares of KraneShares California Carbon Allowance Strategy ETF during the second quarter worth about $1,997,000. Summit Trail Advisors LLC raised its holdings in shares of KraneShares California Carbon Allowance Strategy ETF by 48.1% in the 3rd quarter. Summit Trail Advisors LLC now owns 1,555,928 shares of the company’s stock worth $33,546,000 after acquiring an additional 505,106 shares during the last quarter. Jordan Park Group LLC lifted its position in KraneShares California Carbon Allowance Strategy ETF by 2.9% in the 2nd quarter. Jordan Park Group LLC now owns 4,560,952 shares of the company’s stock valued at $102,211,000 after acquiring an additional 128,267 shares in the last quarter. Finally, Sharp Financial Services LLC acquired a new position in KraneShares California Carbon Allowance Strategy ETF during the 2nd quarter valued at about $309,000.

KraneShares California Carbon Allowance Strategy ETF Stock Performance

Shares of KCCA opened at $20.16 on Monday. The firm has a market capitalization of $183.46 million, a P/E ratio of 19.94 and a beta of 0.23. KraneShares California Carbon Allowance Strategy ETF has a 52 week low of $18.13 and a 52 week high of $31.52. The stock has a 50 day moving average price of $21.87 and a two-hundred day moving average price of $22.82.

About KraneShares California Carbon Allowance Strategy ETF

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