Spinnaker Trust Increases Position in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN)

Spinnaker Trust lifted its stake in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 2.1% in the 4th quarter, HoldingsChannel reports. The fund owned 253,583 shares of the company’s stock after purchasing an additional 5,242 shares during the quarter. Spinnaker Trust’s holdings in KraneShares Global Carbon Strategy ETF were worth $9,253,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. ORG Partners LLC lifted its position in KraneShares Global Carbon Strategy ETF by 22,650.0% during the third quarter. ORG Partners LLC now owns 910 shares of the company’s stock valued at $33,000 after acquiring an additional 906 shares during the last quarter. Allworth Financial LP increased its position in shares of KraneShares Global Carbon Strategy ETF by 795.7% during the fourth quarter. Allworth Financial LP now owns 1,881 shares of the company’s stock worth $69,000 after purchasing an additional 1,671 shares in the last quarter. Nomura Asset Management Co. Ltd. purchased a new stake in shares of KraneShares Global Carbon Strategy ETF during the 3rd quarter valued at $87,000. Banque Cantonale Vaudoise boosted its position in shares of KraneShares Global Carbon Strategy ETF by 84.7% in the 3rd quarter. Banque Cantonale Vaudoise now owns 4,125 shares of the company’s stock worth $149,000 after purchasing an additional 1,892 shares in the last quarter. Finally, Citigroup Inc. boosted its position in shares of KraneShares Global Carbon Strategy ETF by 27.4% in the 3rd quarter. Citigroup Inc. now owns 5,570 shares of the company’s stock worth $201,000 after purchasing an additional 1,197 shares in the last quarter.

KraneShares Global Carbon Strategy ETF Trading Down 0.7 %

NYSEARCA:KRBN traded down $0.22 during mid-day trading on Friday, hitting $32.21. 30,360 shares of the company’s stock traded hands, compared to its average volume of 105,841. The company has a fifty day moving average of $30.58 and a 200 day moving average of $33.09. KraneShares Global Carbon Strategy ETF has a twelve month low of $28.06 and a twelve month high of $41.50.

KraneShares Global Carbon Strategy ETF 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.