AGF Management Ltd. Sells 10,670 Shares of KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN)

AGF Management Ltd. lessened its holdings in shares of KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 43.2% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 14,018 shares of the company’s stock after selling 10,670 shares during the quarter. AGF Management Ltd.’s holdings in KraneShares Global Carbon Strategy ETF were worth $411,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Virtu Financial LLC bought a new position in KraneShares Global Carbon Strategy ETF during the third quarter valued at approximately $237,000. Figure 8 Investment Strategies LLC bought a new position in shares of KraneShares Global Carbon Strategy ETF in the fourth quarter valued at approximately $485,000. Flow Traders U.S. LLC bought a new position in shares of KraneShares Global Carbon Strategy ETF in the third quarter valued at approximately $2,888,000. Finally, Bank of Montreal Can raised its position in shares of KraneShares Global Carbon Strategy ETF by 4,376.2% in the third quarter. Bank of Montreal Can now owns 129,630 shares of the company’s stock valued at $4,135,000 after purchasing an additional 126,734 shares during the period.

KraneShares Global Carbon Strategy ETF Price Performance

NYSEARCA:KRBN opened at $28.29 on Friday. KraneShares Global Carbon Strategy ETF has a 12 month low of $26.95 and a 12 month high of $35.88. The company’s 50 day moving average is $29.23 and its 200-day moving average is $30.42.

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.