Freedom Investment Management Inc. Sells 60,872 Shares of KraneShares Value Line Dynamic Dividend Equity Index ETF $KVLE

Freedom Investment Management Inc. cut its stake in shares of KraneShares Value Line Dynamic Dividend Equity Index ETF (NYSEARCA:KVLE) by 75.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,438 shares of the company’s stock after selling 60,872 shares during the period. Freedom Investment Management Inc.’s holdings in KraneShares Value Line Dynamic Dividend Equity Index ETF were worth $497,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Golden State Equity Partners bought a new position in KraneShares Value Line Dynamic Dividend Equity Index ETF during the 4th quarter valued at $941,000. Raymond James Financial Inc. bought a new position in KraneShares Value Line Dynamic Dividend Equity Index ETF during the 2nd quarter valued at $30,000. Finally, Proactive Wealth Strategies LLC lifted its stake in KraneShares Value Line Dynamic Dividend Equity Index ETF by 50.0% during the 4th quarter. Proactive Wealth Strategies LLC now owns 30,705 shares of the company’s stock valued at $786,000 after acquiring an additional 10,235 shares in the last quarter.

KraneShares Value Line Dynamic Dividend Equity Index ETF Trading Up 0.9%

Shares of NYSEARCA:KVLE opened at $27.76 on Friday. The stock’s fifty day simple moving average is $26.15 and its two-hundred day simple moving average is $26.48. KraneShares Value Line Dynamic Dividend Equity Index ETF has a 1-year low of $24.34 and a 1-year high of $27.87. The stock has a market cap of $38.86 million, a PE ratio of 16.25 and a beta of 0.82.

KraneShares Value Line Dynamic Dividend Equity Index ETF Profile

The KFA Value Line Dynamic Core Equity Index ETF (KVLE) is an exchange-traded fund that is based on the 3D\u002FL Value Line Dynamic Core Equity index. The fund tracks a multi-factor-weighted index of US large-cap stocks with high dividend yields and rated highly on a safety and timeliness ranking system. KVLE was launched on Nov 24, 2020 and is managed by KraneShares.