KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Stock Price Up 0.4% – Here’s Why

KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) shares shot up 0.4% during mid-day trading on Monday . The company traded as high as $26.93 and last traded at $26.93. 652 shares changed hands during trading, a decline of 67% from the average session volume of 1,992 shares. The stock had previously closed at $26.83.

KraneShares European Carbon Allowance Strategy ETF Price Performance

The business has a 50 day simple moving average of $26.44 and a two-hundred day simple moving average of $24.79.

Institutional Investors Weigh In On KraneShares European Carbon Allowance Strategy ETF

An institutional investor recently raised its position in KraneShares European Carbon Allowance Strategy ETF stock. Flow Traders U.S. LLC grew its stake in KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) by 80.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,367 shares of the company’s stock after acquiring an additional 9,065 shares during the period. Flow Traders U.S. LLC owned 6.79% of KraneShares European Carbon Allowance Strategy ETF worth $429,000 at the end of the most recent reporting period.

KraneShares European Carbon Allowance Strategy ETF Company Profile

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