Sharp Financial Services LLC Purchases 4,732 Shares of KraneShares California Carbon Allowance Strategy ETF $KCCA

Sharp Financial Services LLC increased its stake in shares of KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) by 40.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 16,472 shares of the company’s stock after acquiring an additional 4,732 shares during the quarter. Sharp Financial Services LLC owned about 0.23% of KraneShares California Carbon Allowance Strategy ETF worth $256,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Biltmore Family Office LLC boosted its position in shares of KraneShares California Carbon Allowance Strategy ETF by 28.6% during the first quarter. Biltmore Family Office LLC now owns 18,480 shares of the company’s stock worth $308,000 after acquiring an additional 4,110 shares during the last quarter. Picton Mahoney Asset Management boosted its position in shares of KraneShares California Carbon Allowance Strategy ETF by 2,030.8% during the first quarter. Picton Mahoney Asset Management now owns 27,700 shares of the company’s stock worth $462,000 after acquiring an additional 26,400 shares during the last quarter. Battery Global Advisors LLC boosted its position in shares of KraneShares California Carbon Allowance Strategy ETF by 31.9% during the first quarter. Battery Global Advisors LLC now owns 128,545 shares of the company’s stock worth $2,139,000 after acquiring an additional 31,124 shares during the last quarter. Finally, Knightsbridge Asset Management LLC boosted its position in shares of KraneShares California Carbon Allowance Strategy ETF by 5.6% during the first quarter. Knightsbridge Asset Management LLC now owns 694,485 shares of the company’s stock worth $11,556,000 after acquiring an additional 36,959 shares during the last quarter.

KraneShares California Carbon Allowance Strategy ETF Stock Up 0.3%

KraneShares California Carbon Allowance Strategy ETF stock opened at $17.87 on Monday. The company has a market cap of $135.81 million, a price-to-earnings ratio of 10.81 and a beta of 0.18. The firm’s fifty day moving average is $16.53 and its 200 day moving average is $15.66. KraneShares California Carbon Allowance Strategy ETF has a 52-week low of $13.61 and a 52-week high of $23.39.

KraneShares California Carbon Allowance Strategy ETF Company Profile

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.