KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS – Get Free Report) shares shot up 0.4% on Monday. The company traded as high as $25.68 and last traded at $25.63. 4,978 shares traded hands during trading, a decline of 79% from the average daily volume of 23,644 shares. The stock had previously closed at $25.53.
KraneShares Electric Vehicles and Future Mobility Index ETF Stock Performance
The business’s fifty day moving average is $27.47 and its two-hundred day moving average is $31.32. The company has a market cap of $64.45 million, a P/E ratio of 17.34 and a beta of 1.09.
Hedge Funds Weigh In On KraneShares Electric Vehicles and Future Mobility Index ETF
A hedge fund recently raised its stake in KraneShares Electric Vehicles and Future Mobility Index ETF stock. Prime Capital Investment Advisors LLC grew its stake in shares of KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS – Free Report) by 18.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,371 shares of the company’s stock after acquiring an additional 4,723 shares during the period. Prime Capital Investment Advisors LLC owned about 1.17% of KraneShares Electric Vehicles and Future Mobility Index ETF worth $843,000 at the end of the most recent quarter.
KraneShares Electric Vehicles and Future Mobility Index ETF Company Profile
The KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of stocks that are involved in the production of electric vehicles or other initiatives that may enhance future mobility. KARS was launched on Jan 18, 2018 and is managed by KraneShares.
Recommended Stories
- Five stocks we like better than KraneShares Electric Vehicles and Future Mobility Index ETF
- Keeping AI Cool: AAON Rides the AI Heatwave to Record Growth
- AST SpaceMobile Has a New Rocket Plan, But Its Cash-Burn Problem Isn’t Going Away
- Powering Up the Moon: Redwire’s $40 Million NASA Award
- Can Constellation Energy’s Contracts Power a Stock Rebound?
Receive News & Ratings for KraneShares Electric Vehicles and Future Mobility Index ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares Electric Vehicles and Future Mobility Index ETF and related companies with MarketBeat.com's FREE daily email newsletter.
