Permanent Capital Management LP Decreases Stock Holdings in KraneShares California Carbon Allowance Strategy ETF $KCCA

Permanent Capital Management LP reduced its position in shares of KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) by 91.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 15,540 shares of the company’s stock after selling 163,700 shares during the quarter. Permanent Capital Management LP owned approximately 0.23% of KraneShares California Carbon Allowance Strategy ETF worth $261,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Susquehanna International Group LLP bought a new stake in KraneShares California Carbon Allowance Strategy ETF in the 3rd quarter worth $576,000. Flow Traders U.S. LLC raised its stake in shares of KraneShares California Carbon Allowance Strategy ETF by 44.9% during the third quarter. Flow Traders U.S. LLC now owns 37,385 shares of the company’s stock valued at $638,000 after acquiring an additional 11,591 shares during the last quarter. Fielder Capital Group LLC purchased a new stake in shares of KraneShares California Carbon Allowance Strategy ETF during the third quarter worth about $8,572,000. Finally, Black Maple Capital Management LP purchased a new stake in shares of KraneShares California Carbon Allowance Strategy ETF during the second quarter worth about $1,215,000.

KraneShares California Carbon Allowance Strategy ETF Price Performance

NYSEARCA KCCA opened at $14.86 on Friday. KraneShares California Carbon Allowance Strategy ETF has a 1 year low of $13.61 and a 1 year high of $18.16. The stock has a market capitalization of $102.53 million, a PE ratio of 10.81 and a beta of 0.18. The business’s 50-day moving average is $15.40 and its 200 day moving average is $16.45.

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.