Horizon Kinetics Asset Management LLC Decreases Holdings in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN)

Horizon Kinetics Asset Management LLC decreased its position in shares of KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 11.0% in the fourth quarter, HoldingsChannel reports. The fund owned 25,010 shares of the company’s stock after selling 3,099 shares during the quarter. Horizon Kinetics Asset Management LLC’s holdings in KraneShares Global Carbon Strategy ETF were worth $733,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Bank of Montreal Can raised its holdings in shares of KraneShares Global Carbon Strategy ETF by 4,376.2% in 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 during the last quarter. Flow Traders U.S. LLC purchased a new position in shares of KraneShares Global Carbon Strategy ETF in the third quarter worth $2,888,000. Figure 8 Investment Strategies LLC purchased a new position in shares of KraneShares Global Carbon Strategy ETF in the fourth quarter worth $485,000. Finally, Virtu Financial LLC purchased a new position in shares of KraneShares Global Carbon Strategy ETF in the third quarter worth $237,000.

KraneShares Global Carbon Strategy ETF Stock Up 0.0 %

NYSEARCA KRBN opened at $28.30 on Tuesday. The company has a fifty day simple moving average of $29.21 and a two-hundred day simple moving average of $30.37. KraneShares Global Carbon Strategy ETF has a 12-month low of $26.95 and a 12-month high of $35.88.

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.