KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) Shares Sold by Sharp Financial Services LLC

Sharp Financial Services LLC cut its stake in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 26.3% in the fourth quarter, Holdings Channel reports. The firm owned 11,227 shares of the company’s stock after selling 4,010 shares during the period. Sharp Financial Services LLC’s holdings in KraneShares Global Carbon Strategy ETF were worth $329,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Bank of Montreal Can boosted its stake in KraneShares Global Carbon Strategy ETF by 4,376.2% in the 3rd quarter. Bank of Montreal Can now owns 129,630 shares of the company’s stock worth $4,135,000 after purchasing an additional 126,734 shares in the last quarter. Flow Traders U.S. LLC acquired a new stake in KraneShares Global Carbon Strategy ETF during the 3rd quarter valued at approximately $2,888,000. Private Advisor Group LLC lifted its stake in KraneShares Global Carbon Strategy ETF by 7.6% during the 3rd quarter. Private Advisor Group LLC now owns 20,992 shares of the company’s stock valued at $665,000 after acquiring an additional 1,476 shares during the period. Creekside Partners acquired a new stake in KraneShares Global Carbon Strategy ETF during the 2nd quarter valued at approximately $350,000. Finally, Virtu Financial LLC acquired a new stake in KraneShares Global Carbon Strategy ETF during the 3rd quarter valued at approximately $237,000.

KraneShares Global Carbon Strategy ETF Stock Performance

Shares of NYSEARCA KRBN opened at $29.56 on Thursday. KraneShares Global Carbon Strategy ETF has a 12 month low of $26.95 and a 12 month high of $35.88. The company has a 50 day simple moving average of $29.81 and a two-hundred day simple moving average of $31.27.

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.