Bank of Montreal Can Grows Stock Holdings in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN)

Bank of Montreal Can grew its position in shares of KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 4,376.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 129,630 shares of the company’s stock after purchasing an additional 126,734 shares during the period. Bank of Montreal Can’s holdings in KraneShares Global Carbon Strategy ETF were worth $4,135,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Private Advisor Group LLC lifted its position in KraneShares Global Carbon Strategy ETF by 7.6% in the 3rd quarter. Private Advisor Group LLC now owns 20,992 shares of the company’s stock worth $665,000 after buying an additional 1,476 shares during the last quarter. Cetera Advisors LLC purchased a new position in shares of KraneShares Global Carbon Strategy ETF in the first quarter worth about $237,000. Wealth Enhancement Advisory Services LLC grew its position in KraneShares Global Carbon Strategy ETF by 1.0% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 41,564 shares of the company’s stock worth $1,352,000 after acquiring an additional 426 shares during the last quarter. Summit Trail Advisors LLC increased its stake in shares of KraneShares Global Carbon Strategy ETF by 305.0% in the second quarter. Summit Trail Advisors LLC now owns 326,497 shares of the company’s stock worth $10,624,000 after buying an additional 245,880 shares during the period. Finally, Creekside Partners bought a new stake in KraneShares Global Carbon Strategy ETF during the 2nd quarter valued at $350,000.

KraneShares Global Carbon Strategy ETF Price Performance

Shares of KraneShares Global Carbon Strategy ETF stock opened at $31.01 on Wednesday. The company’s fifty day simple moving average is $31.57 and its two-hundred day simple moving average is $32.40. KraneShares Global Carbon Strategy ETF has a 12-month low of $28.06 and a 12-month high of $36.56.

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.