KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) Shares Down 1.3% – Time to Sell?

Shares of KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) dropped 1.3% on Monday . The company traded as low as $23.47 and last traded at $23.50. Approximately 82,453 shares traded hands during trading, a decline of 19% from the average daily volume of 101,650 shares. The stock had previously closed at $23.81.

KraneShares Bosera MSCI China A 50 Connect Index ETF Trading Down 1.3 %

The firm has a market cap of $169.20 million, a PE ratio of 14.33 and a beta of 0.38. The stock has a fifty day simple moving average of $23.25 and a two-hundred day simple moving average of $23.72.

Institutional Trading of KraneShares Bosera MSCI China A 50 Connect Index ETF

A number of large investors have recently modified their holdings of the business. TRU Independence Asset Management 2 LLC purchased a new stake in KraneShares Bosera MSCI China A 50 Connect Index ETF in the third quarter worth approximately $436,000. Flow Traders U.S. LLC boosted its stake in KraneShares Bosera MSCI China A 50 Connect Index ETF by 88.4% in the third quarter. Flow Traders U.S. LLC now owns 52,664 shares of the company’s stock worth $1,366,000 after buying an additional 24,717 shares in the last quarter. Delos Wealth Advisors LLC boosted its stake in KraneShares Bosera MSCI China A 50 Connect Index ETF by 28.3% in the third quarter. Delos Wealth Advisors LLC now owns 26,307 shares of the company’s stock worth $682,000 after buying an additional 5,799 shares in the last quarter. Capasso Planning Partners LLC purchased a new stake in KraneShares Bosera MSCI China A 50 Connect Index ETF in the third quarter worth approximately $772,000. Finally, Raymond James Financial Inc. purchased a new stake in KraneShares Bosera MSCI China A 50 Connect Index ETF in the fourth quarter worth approximately $255,000.

About KraneShares Bosera MSCI China A 50 Connect Index ETF

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.