Kraematon Investment Advisors Inc. Acquires 500 Shares of KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN)

Kraematon Investment Advisors Inc. grew its holdings in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 1.5% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,202 shares of the company’s stock after purchasing an additional 500 shares during the period. KraneShares Global Carbon Strategy ETF comprises about 1.1% of Kraematon Investment Advisors Inc.’s investment portfolio, making the stock its 28th biggest holding. Kraematon Investment Advisors Inc. owned 0.35% of KraneShares Global Carbon Strategy ETF worth $1,113,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of KRBN. Spinnaker Trust lifted its position in KraneShares Global Carbon Strategy ETF by 2.1% during the fourth quarter. Spinnaker Trust now owns 253,583 shares of the company’s stock valued at $9,253,000 after purchasing an additional 5,242 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of KraneShares Global Carbon Strategy ETF by 32.2% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 149,836 shares of the company’s stock valued at $4,609,000 after buying an additional 36,506 shares during the period. Summit Trail Advisors LLC boosted its stake in shares of 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 worth $3,019,000 after buying an additional 35,521 shares during the last quarter. Riverwater Partners LLC grew its holdings in shares of KraneShares Global Carbon Strategy ETF by 41.1% in the first quarter. Riverwater Partners LLC now owns 68,070 shares of the company’s stock worth $2,094,000 after acquiring an additional 19,833 shares during the period. Finally, Wealth Enhancement Advisory Services LLC purchased a new stake in KraneShares Global Carbon Strategy ETF during the first quarter valued at $1,265,000.

KraneShares Global Carbon Strategy ETF Stock Performance

Shares of KRBN traded down $0.31 on Friday, reaching $32.54. The company’s stock had a trading volume of 77,048 shares, compared to its average volume of 91,575. The stock’s 50 day simple moving average is $32.57 and its two-hundred day simple moving average is $31.94. KraneShares Global Carbon Strategy ETF has a 12-month low of $28.06 and a 12-month high of $39.25.

KraneShares Global Carbon Strategy ETF Company Profile

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.