KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Shares Up 0.5% – Should You Buy?

KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) shares traded up 0.5% on Wednesday . The company traded as high as $23.11 and last traded at $23.11. 196 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 5,209 shares. The stock had previously closed at $23.00.

KraneShares European Carbon Allowance Strategy ETF Trading Up 0.5 %

The firm has a fifty day simple moving average of $22.71 and a 200-day simple moving average of $23.55.

Institutional Investors Weigh In On KraneShares European Carbon Allowance Strategy ETF

An institutional investor recently bought a new position in KraneShares European Carbon Allowance Strategy ETF stock. National Bank of Canada FI purchased a new position in shares of KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 12,805 shares of the company’s stock, valued at approximately $295,000. National Bank of Canada FI owned 2.56% of KraneShares European Carbon Allowance Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.