KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) Shares Down 0.4% – Time to Sell?

KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBNGet Free Report) shares dropped 0.4% during trading on Tuesday . The company traded as low as $31.89 and last traded at $32.40. Approximately 14,217 shares changed hands during trading, a decline of 49% from the average daily volume of 27,658 shares. The stock had previously closed at $32.52.

KraneShares Global Carbon Strategy ETF Trading Down 0.4%

The stock’s 50-day simple moving average is $31.49 and its 200 day simple moving average is $32.32.

Institutional Trading of KraneShares Global Carbon Strategy ETF

Institutional investors have recently bought and sold shares of the company. Kestra Advisory Services LLC bought a new stake in KraneShares Global Carbon Strategy ETF during the fourth quarter valued at $34,000. Rockefeller Capital Management L.P. boosted its position in KraneShares Global Carbon Strategy ETF by 184.5% during the fourth quarter. Rockefeller Capital Management L.P. now owns 976 shares of the company’s stock valued at $35,000 after acquiring an additional 633 shares during the last quarter. Csenge Advisory Group bought a new stake in KraneShares Global Carbon Strategy ETF during the fourth quarter valued at $288,000. Wealthfront Advisers LLC boosted its position in KraneShares Global Carbon Strategy ETF by 9.6% during the first quarter. Wealthfront Advisers LLC now owns 8,962 shares of the company’s stock valued at $266,000 after acquiring an additional 786 shares during the last quarter. Finally, Maridea Wealth Management LLC acquired a new position in shares of KraneShares Global Carbon Strategy ETF during the 3rd quarter valued at $449,000.

KraneShares Global Carbon Strategy ETF Company Profile

(Get Free Report)

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.

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