KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) Trading 0.5% Higher

Shares of KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) rose 0.5% on Monday . The company traded as high as $21.92 and last traded at $21.87. Approximately 16,086 shares traded hands during mid-day trading, a decline of 86% from the average daily volume of 113,973 shares. The stock had previously closed at $21.77.

KraneShares Bosera MSCI China A 50 Connect Index ETF Stock Up 0.3 %

The company has a market capitalization of $195.62 million, a price-to-earnings ratio of 11.75 and a beta of 0.50. The company has a 50-day moving average price of $22.22 and a 200-day moving average price of $21.15.

Hedge Funds Weigh In On KraneShares Bosera MSCI China A 50 Connect Index ETF

Hedge funds and other institutional investors have recently made changes to their positions in the business. Shell Asset Management Co. boosted its stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 2.2% in the 4th quarter. Shell Asset Management Co. now owns 127,364 shares of the company’s stock valued at $2,638,000 after purchasing an additional 2,700 shares in the last quarter. Comerica Bank increased its position in KraneShares Bosera MSCI China A 50 Connect Index ETF by 104.3% in the first quarter. Comerica Bank now owns 5,432 shares of the company’s stock worth $116,000 after purchasing an additional 2,773 shares during the period. ORG Partners LLC raised its holdings in KraneShares Bosera MSCI China A 50 Connect Index ETF by 471.8% during the 4th quarter. ORG Partners LLC now owns 4,757 shares of the company’s stock worth $99,000 after purchasing an additional 3,925 shares during the last quarter. Stablepoint Partners LLC boosted its stake in KraneShares Bosera MSCI China A 50 Connect Index ETF by 33.6% in the first quarter. Stablepoint Partners LLC now owns 27,468 shares of the company’s stock valued at $588,000 after acquiring an additional 6,913 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in KraneShares Bosera MSCI China A 50 Connect Index ETF during the fourth quarter worth about $343,000.

KraneShares Bosera MSCI China A 50 Connect Index ETF Company Profile

The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that is based on the MSCI China A 50 Connect index. The fund tracks a subset of market cap-weighted large- and mid-cap Chinese equities listed in Shanghai and Shenzhen. KBA was launched on Mar 5, 2014 and is managed by KraneShares.