KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) Stock Price Down 0.5% – Here’s What Happened

KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) shares traded down 0.5% during trading on Thursday . The stock traded as low as $26.29 and last traded at $26.29. 129 shares changed hands during mid-day trading, a decline of 94% from the average session volume of 2,032 shares. The stock had previously closed at $26.43.

KraneShares European Carbon Allowance Strategy ETF Stock Down 0.5%

The company has a fifty day moving average price of $25.75 and a 200 day moving average price of $24.11.

Institutional Inflows and Outflows

An institutional investor recently raised its position in KraneShares European Carbon Allowance Strategy ETF stock. Flow Traders U.S. LLC lifted its stake in KraneShares European Carbon Allowance Strategy ETF (NYSEARCA:KEUA) by 80.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 20,367 shares of the company’s stock after buying an additional 9,065 shares during the period. Flow Traders U.S. LLC owned approximately 6.79% of KraneShares European Carbon Allowance Strategy ETF worth $429,000 as of its most recent SEC filing.

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.