KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. cut its stake in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 4.6% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,064 shares of the company’s stock after selling 878 shares during the quarter. JPMorgan Chase & Co.’s holdings in KraneShares Global Carbon Strategy ETF were worth $572,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of KRBN. Bank of Montreal Can grew its holdings in shares of KraneShares Global Carbon Strategy ETF by 4,376.2% during 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 position in shares of KraneShares Global Carbon Strategy ETF during the 3rd quarter worth $2,888,000. Private Advisor Group LLC grew its holdings in shares of KraneShares Global Carbon Strategy ETF by 7.6% during the 3rd quarter. Private Advisor Group LLC now owns 20,992 shares of the company’s stock worth $665,000 after purchasing an additional 1,476 shares during the period. Creekside Partners purchased a new position in shares of KraneShares Global Carbon Strategy ETF during the 2nd quarter worth $350,000. Finally, Virtu Financial LLC purchased a new position in shares of KraneShares Global Carbon Strategy ETF during the 3rd quarter worth $237,000.

KraneShares Global Carbon Strategy ETF Trading Down 3.0 %

NYSEARCA KRBN opened at $29.57 on Tuesday. KraneShares Global Carbon Strategy ETF has a twelve month low of $26.95 and a twelve month high of $35.88. The stock has a fifty day simple moving average of $29.72 and a 200-day simple moving average of $31.21.

About KraneShares Global Carbon Strategy ETF

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.