Prudential PLC Decreases Stock Holdings in KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR)

Prudential PLC lowered its position in KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) by 0.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 664,136 shares of the company’s stock after selling 2,500 shares during the period. Prudential PLC owned approximately 28.88% of KraneShares SSE Star Market 50 Index ETF worth $8,654,000 as of its most recent SEC filing.

Separately, OLD Mission Capital LLC boosted its holdings in KraneShares SSE Star Market 50 Index ETF by 11.0% in the fourth quarter. OLD Mission Capital LLC now owns 85,527 shares of the company’s stock worth $1,114,000 after acquiring an additional 8,458 shares in the last quarter.

KraneShares SSE Star Market 50 Index ETF Stock Performance

Shares of KSTR stock opened at $13.07 on Friday. KraneShares SSE Star Market 50 Index ETF has a fifty-two week low of $9.26 and a fifty-two week high of $21.00. The firm has a market capitalization of $33.98 million, a price-to-earnings ratio of 42.47 and a beta of 0.52. The stock’s 50-day simple moving average is $14.02 and its 200-day simple moving average is $13.37.

KraneShares SSE Star Market 50 Index ETF Company Profile

The KraneShares SSE STAR Market 50 Index ETF (KSTR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of the top 50 companies by market-cap that are listed on the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board. KSTR was launched on Jan 27, 2021 and is managed by KraneShares.