KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Stock Price Down 0.4% – Here’s What Happened

Shares of KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) traded down 0.4% during trading on Thursday . The stock traded as low as $17.02 and last traded at $17.06. 2,570 shares traded hands during trading, a decline of 5% from the average session volume of 2,701 shares. The stock had previously closed at $17.12.

KraneShares Emerging Markets Consumer Technology ETF Price Performance

The stock has a market capitalization of $16.87 million, a P/E ratio of 24.73 and a beta of 1.28. The stock’s fifty day moving average is $17.69 and its two-hundred day moving average is $16.82.

Hedge Funds Weigh In On KraneShares Emerging Markets Consumer Technology ETF

An institutional investor recently raised its position in KraneShares Emerging Markets Consumer Technology ETF stock. Flow Traders U.S. LLC lifted its stake in KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) by 18.2% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 23,367 shares of the company’s stock after purchasing an additional 3,593 shares during the quarter. Flow Traders U.S. LLC owned 2.34% of KraneShares Emerging Markets Consumer Technology ETF worth $438,000 as of its most recent filing with the Securities & Exchange Commission.

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.