KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ – Get Free Report)’s share price rose 1.3% during mid-day trading on Tuesday . The stock traded as high as $25.94 and last traded at $25.85. 6,129 shares were traded during mid-day trading, a decline of 74% from the average session volume of 23,699 shares. The stock had previously closed at $25.53.
KraneShares Emerging Markets Consumer Technology ETF Price Performance
The firm has a market cap of $41.36 million, a P/E ratio of 18.05 and a beta of 0.90. The firm’s 50 day moving average is $25.23 and its 200 day moving average is $24.98.
Institutional Trading of KraneShares Emerging Markets Consumer Technology ETF
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Jane Street Group LLC grew its stake in shares of KraneShares Emerging Markets Consumer Technology ETF by 100.0% in the fourth quarter. Jane Street Group LLC now owns 43,117 shares of the company’s stock worth $1,063,000 after acquiring an additional 21,556 shares during the last quarter. LPL Financial LLC raised its position in shares of KraneShares Emerging Markets Consumer Technology ETF by 356.5% in the 4th quarter. LPL Financial LLC now owns 584,373 shares of the company’s stock worth $14,405,000 after purchasing an additional 456,361 shares during the last quarter. Raymond James Financial Inc. boosted its stake in KraneShares Emerging Markets Consumer Technology ETF by 1,863.3% in the 3rd quarter. Raymond James Financial Inc. now owns 41,798 shares of the company’s stock worth $1,102,000 after purchasing an additional 39,669 shares in the last quarter. Finally, Tradition Wealth Management LLC boosted its stake in KraneShares Emerging Markets Consumer Technology ETF by 89.2% in the 4th quarter. Tradition Wealth Management LLC now owns 16,903 shares of the company’s stock worth $417,000 after purchasing an additional 7,970 shares in the last quarter.
About KraneShares Emerging Markets Consumer Technology ETF
The KraneShares Emerging Markets Consumer Technology Index ETF (KEMQ) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a committee-selected, tier-weighted index of 50 emerging market technology companies. KEMQ was launched on Oct 11, 2017 and is managed by KraneShares.
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