Horizon Kinetics Asset Management LLC Sells 3,099 Shares of KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN)

Horizon Kinetics Asset Management LLC reduced its stake in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 11.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,010 shares of the company’s stock after selling 3,099 shares during the period. Horizon Kinetics Asset Management LLC owned 0.26% of KraneShares Global Carbon Strategy ETF worth $733,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Bank of Montreal Can lifted its position in shares of KraneShares Global Carbon Strategy ETF by 4,376.2% in the 3rd quarter. Bank of Montreal Can now owns 129,630 shares of the company’s stock worth $4,135,000 after purchasing an additional 126,734 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of KraneShares Global Carbon Strategy ETF in the 3rd quarter worth approximately $2,888,000. Figure 8 Investment Strategies LLC purchased a new stake in shares of KraneShares Global Carbon Strategy ETF in the 4th quarter worth approximately $485,000. Finally, Virtu Financial LLC purchased a new stake in KraneShares Global Carbon Strategy ETF during the third quarter valued at approximately $237,000.

KraneShares Global Carbon Strategy ETF Price Performance

NYSEARCA:KRBN opened at $28.30 on Tuesday. KraneShares Global Carbon Strategy ETF has a 52 week low of $26.95 and a 52 week high of $35.88. The firm has a 50 day moving average of $29.21 and a 200 day moving average of $30.37.

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.