KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Shares Down 1.7% – Time to Sell?

Shares of KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) were down 1.7% during trading on Wednesday . The company traded as low as $21.22 and last traded at $21.24. Approximately 1,744 shares were traded during trading, a decline of 45% from the average daily volume of 3,157 shares. The stock had previously closed at $21.61.

KraneShares European Carbon Allowance Strategy ETF Price Performance

The company’s 50-day simple moving average is $22.38 and its two-hundred day simple moving average is $22.40.

Institutional Trading of 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 bought a new stake in shares of KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 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 at the end of the most recent quarter.

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.