KraneShares California Carbon Allowance Strategy ETF $KCCA Shares Sold by Biltmore Family Office LLC

Biltmore Family Office LLC lessened its position in shares of KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) by 12.1% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 16,240 shares of the company’s stock after selling 2,240 shares during the quarter. Biltmore Family Office LLC’s holdings in KraneShares California Carbon Allowance Strategy ETF were worth $252,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in KCCA. Picton Mahoney Asset Management raised its stake in shares of KraneShares California Carbon Allowance Strategy ETF by 2,030.8% during the 1st quarter. Picton Mahoney Asset Management now owns 27,700 shares of the company’s stock worth $462,000 after buying an additional 26,400 shares during the last quarter. Battery Global Advisors LLC raised its stake in shares of KraneShares California Carbon Allowance Strategy ETF by 31.9% during the 1st quarter. Battery Global Advisors LLC now owns 128,545 shares of the company’s stock worth $2,139,000 after buying an additional 31,124 shares during the last quarter. Knightsbridge Asset Management LLC raised its stake in shares of KraneShares California Carbon Allowance Strategy ETF by 5.6% during the 1st quarter. Knightsbridge Asset Management LLC now owns 694,485 shares of the company’s stock worth $11,556,000 after buying an additional 36,959 shares during the last quarter. Finally, Sharp Financial Services LLC raised its stake in shares of KraneShares California Carbon Allowance Strategy ETF by 40.3% during the 2nd quarter. Sharp Financial Services LLC now owns 16,472 shares of the company’s stock worth $256,000 after buying an additional 4,732 shares during the last quarter.

KraneShares California Carbon Allowance Strategy ETF Stock Down 0.5%

NYSEARCA:KCCA opened at $17.66 on Wednesday. The company has a market capitalization of $132.45 million, a PE ratio of 10.81 and a beta of 0.18. KraneShares California Carbon Allowance Strategy ETF has a 52-week low of $13.61 and a 52-week high of $23.23. The stock has a fifty day simple moving average of $17.07 and a 200-day simple moving average of $15.82.

KraneShares California Carbon Allowance Strategy ETF Company Profile

The KraneShares California Carbon Allowance ETF (KCCA) is an exchange-traded fund that is based on the IHS Markit Carbon CCA index. The fund tracks a liquidity-weighted CCA carbon credit futures index. KCCA was launched on Oct 5, 2021 and is managed by KraneShares.