Horizon Kinetics Asset Management LLC Has $890,000 Stock Holdings in KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN)

Horizon Kinetics Asset Management LLC reduced its holdings in shares of KraneShares Global Carbon Strategy ETF (NYSEARCA:KRBN) by 9.7% in the third quarter, Holdings Channel reports. The institutional investor owned 28,109 shares of the company’s stock after selling 3,007 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in KraneShares Global Carbon Strategy ETF were worth $890,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Private Advisor Group LLC raised its stake in shares of KraneShares Global Carbon Strategy ETF by 7.6% in the third quarter. Private Advisor Group LLC now owns 20,992 shares of the company’s stock worth $665,000 after purchasing an additional 1,476 shares during the last quarter. Creekside Partners bought a new position in KraneShares Global Carbon Strategy ETF during the 2nd quarter valued at $350,000. Summit Trail Advisors LLC raised its holdings in shares of KraneShares Global Carbon Strategy ETF by 305.0% in the second quarter. Summit Trail Advisors LLC now owns 326,497 shares of the company’s stock valued at $10,624,000 after purchasing an additional 245,880 shares during the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of KraneShares Global Carbon Strategy ETF by 1.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 41,564 shares of the company’s stock valued at $1,352,000 after purchasing an additional 426 shares in the last quarter. Finally, Sharp Financial Services LLC purchased a new position in shares of KraneShares Global Carbon Strategy ETF in the 2nd quarter worth approximately $501,000.

KraneShares Global Carbon Strategy ETF Price Performance

KRBN stock opened at $31.69 on Tuesday. KraneShares Global Carbon Strategy ETF has a 1-year low of $28.06 and a 1-year high of $36.56. The stock’s fifty day simple moving average is $31.58 and its two-hundred day simple moving average is $32.48.

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.