16,552 Shares in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) Purchased by Figure 8 Investment Strategies LLC

Figure 8 Investment Strategies LLC acquired a new stake in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 16,552 shares of the company’s stock, valued at approximately $485,000. Figure 8 Investment Strategies LLC owned about 0.17% of KraneShares Global Carbon Strategy ETF at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Virtu Financial LLC acquired a new position in shares of KraneShares Global Carbon Strategy ETF in the third quarter worth $237,000. Private Advisor Group LLC raised its stake 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 valued at $665,000 after purchasing an additional 1,476 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of KraneShares Global Carbon Strategy ETF during the 3rd quarter worth about $2,888,000. Finally, Bank of Montreal Can grew its holdings in shares of KraneShares Global Carbon Strategy ETF by 4,376.2% during the third quarter. Bank of Montreal Can now owns 129,630 shares of the company’s stock worth $4,135,000 after buying an additional 126,734 shares in the last quarter.

KraneShares Global Carbon Strategy ETF Price Performance

NYSEARCA:KRBN opened at $29.75 on Friday. The firm has a 50 day simple moving average of $29.51 and a 200-day simple moving average of $31.09. KraneShares Global Carbon Strategy ETF has a 1-year low of $26.95 and a 1-year high of $35.88.

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.