KraneShares California Carbon Allowance Strategy ETFKCCA
KCCA
0
Funds holding %
of 6,812 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0% more funds holding in top 10
Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]
0% less capital invested
Capital invested by funds: $163M [Q2] → $162M (-$396K) [Q3]
8% less funds holding
Funds holding: 25 [Q2] → 23 (-2) [Q3]
12.48% less ownership
Funds ownership: 84.83% [Q2] → 72.35% (-12.48%) [Q3]
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Research analyst outlook
We haven’t received any recent analyst ratings for KCCA.
Financial journalist opinion
Neutral
ETF Trends
1 week ago
The Case for Carbon Investing Under a Trump Administration
The incoming administration will bring with it a regime shift across many arenas. Included in expected policy shifts are climate initiatives, likely to take a backseat under a second Trump presidency.
Positive
ETF Trends
4 weeks ago
Don't Miss the Buying Opportunity in California's Carbon Market
The price of California's carbon allowances continues to rise in the wake of its most recent auction in November. With further regulatory clarity on the horizon likely early next year, investors find themselves with an opportunity to gain access to the market at reduced costs.
Neutral
ETF Trends
3 months ago
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.
Positive
Zacks Investment Research
3 months ago
Top-Performing ETFs of Last Week
U.S. stocks closed the final week and the month of August with gains.
Neutral
ETF Trends
4 months ago
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.
Neutral
Seeking Alpha
4 months ago
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.
Negative
ETF Trends
5 months ago
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.
Positive
ETF Trends
6 months ago
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.
Negative
ETF Trends
6 months ago
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.
Positive
ETF Trends
6 months ago
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.
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