Biltmore Family Office LLC Buys Shares of 14,370 KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA)

Biltmore Family Office LLC bought a new stake in KraneShares California Carbon Allowance Strategy ETF (NYSEARCA:KCCA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 14,370 shares of the company’s stock, valued at approximately $282,000. Biltmore Family Office LLC owned approximately 0.16% of KraneShares California Carbon Allowance Strategy ETF at the end of the most recent reporting period.

Separately, Hollencrest Capital Management purchased a new position in KraneShares California Carbon Allowance Strategy ETF in the 4th quarter valued at $490,000.

KraneShares California Carbon Allowance Strategy ETF Stock Down 1.4 %

Shares of KCCA opened at $16.37 on Thursday. The firm’s fifty day moving average is $16.83 and its two-hundred day moving average is $19.34. The stock has a market cap of $106.90 million, a PE ratio of 11.99 and a beta of 0.06. KraneShares California Carbon Allowance Strategy ETF has a 52-week low of $15.99 and a 52-week high of $29.51.

KraneShares California Carbon Allowance Strategy ETF Company Profile

The KraneShares California Carbon Allowance ETF (KCCA) is an exchange-traded fund that is based on the IHS Markit Carbon CCA index. The fund tracks a liquidity-weighted CCA carbon credit futures index. KCCA was launched on Oct 5, 2021 and is managed by KraneShares.