KraneShares California Carbon Allowance Strategy ETF
KCCA

$21.34

0.05%

Market Cap: $221M

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

14% more funds holding

Funds holding: 22 [Q1] → 25 (+3) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

0.86% less ownership

Funds ownership: 83.73% [Q1] → 82.87% (-0.86%) [Q2]

26% less capital invested

Capital invested by funds: $215M [Q1] → $159M (-$56.3M) [Q2]

40% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 10

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Research analyst outlook

We haven’t received any recent analyst ratings for KCCA.

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Financial journalist opinion

It's the Hottest Summer On Record

This summer broke heat records yet again, for the second consecutive year. 2024 remains solidly on track for becoming the hottest year on record, underscoring the importance of climate initiatives.

It's the Hottest Summer On Record

Zacks Investment Research

Top-Performing ETFs of Last Week

U.S. stocks closed the final week and the month of August with gains.

Top-Performing ETFs of Last Week

Pummeled CCA Prices Create “Asymmetric Opportunity”

California carbon allowance (CCA) prices continue declining this year due to tightening delays and a lack of clarity from regulators. However, the underlying thesis and long-term outlook for the market remain strong, creating opportunities for investors.

Pummeled CCA Prices Create “Asymmetric Opportunity”

KCCA: A Temporary Dislocation In California's Carbon Market Spells Opportunity

KCCA ETF has had a volatile ride since its launch in 2021, impacted by global carbon market fluctuations triggered by the Russo-Ukrainian War. A delay in the rollout of California's more stringent regulatory amendment has dramatically dragged down KCCA's price. Because of the recent setback, KCCA is momentarily mispriced given the clear trajectory of state's carbon market.

KCCA: A Temporary Dislocation In California's Carbon Market Spells Opportunity

A Guide to California's Updated Carbon Market Proposals

The regulator for the California carbon market held its most recent public workshop this week. On guidance of delaying tightening within the market for another year, carbon allowance prices dropped.

A Guide to California's Updated Carbon Market Proposals

Disruptive Theme of the Week: Carbon Capture Utilization and Storage

Ultimately, climate change solutions will need cooperation from all parties, especially in hard-to-abate industries. This includes categories such as natural gas, steel, cement, and chemicals.

Disruptive Theme of the Week: Carbon Capture Utilization and Storage

A Guide to Recent California Carbon Market Volatility

Volatility spiked in the California carbon market this month on lower auction prices and the regulatory body's failure to provide further guidance. Though a volatile asset class, the long-term thesis for the market remains strong.

A Guide to Recent California Carbon Market Volatility

Carbon Investing: ‘Where the Rubber Meets the Road'

Climate change and the climate crisis remain hot topics in a charged election year. However, the energy transition supersedes political agendas, with global capital already in flow.

Carbon Investing: ‘Where the Rubber Meets the Road'

Why Volatility Means Opportunity in Carbon Markets

Advisors and investors are no strangers to market volatility as inflation and interest rates climbed in the last two years. While volatility creates challenges for some investors and their portfolios, for others it proves a boon, driving price discovery for assets.

Why Volatility Means Opportunity in Carbon Markets

California Carbon Market Consensus & KCCA's Breakout

Investors seeking opportunity would do well to look to the recent price movement of the KraneShares California Carbon Allowance Strategy ETF (KCCA). The fund broke upward this week from a price consensus trend months in the making and could head higher looking ahead.

California Carbon Market Consensus & KCCA's Breakout

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