KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Stock Price Down 0.8% – Here’s What Happened

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) shares fell 0.8% during trading on Friday . The company traded as low as $19.30 and last traded at $19.38. 2,452 shares traded hands during mid-day trading, a decline of 23% from the average session volume of 3,171 shares. The stock had previously closed at $19.54.

KraneShares Emerging Markets Consumer Technology ETF Trading Down 0.8 %

The firm’s 50 day moving average price is $18.62 and its two-hundred day moving average price is $17.91. The company has a market capitalization of $20.35 million, a price-to-earnings ratio of 20.73 and a beta of 0.83.

Hedge Funds Weigh In On KraneShares Emerging Markets Consumer Technology ETF

Institutional investors have recently bought and sold shares of the business. Flow Traders U.S. LLC boosted its stake in shares of KraneShares Emerging Markets Consumer Technology ETF by 18.2% during the 3rd quarter. Flow Traders U.S. LLC now owns 23,367 shares of the company’s stock worth $438,000 after acquiring an additional 3,593 shares during the period. GTS Securities LLC bought a new stake in KraneShares Emerging Markets Consumer Technology ETF in the 4th quarter valued at $422,000. Jane Street Group LLC lifted its holdings in KraneShares Emerging Markets Consumer Technology ETF by 199.1% during the 4th quarter. Jane Street Group LLC now owns 40,715 shares of the company’s stock valued at $676,000 after purchasing an additional 27,104 shares during the last quarter. Finally, Susquehanna International Group LLP boosted its position in KraneShares Emerging Markets Consumer Technology ETF by 1.8% during the fourth quarter. Susquehanna International Group LLP now owns 561,416 shares of the company’s stock worth $9,327,000 after purchasing an additional 10,184 shares during the period.

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.