KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) Shares Down 0.3% – Time to Sell?

Shares of KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) fell 0.3% on Wednesday . The company traded as low as $21.40 and last traded at $21.40. 136 shares changed hands during trading, a decline of 87% from the average session volume of 1,039 shares. The stock had previously closed at $21.46.

KraneShares MSCI One Belt One Road ETF Trading Down 0.3 %

The business has a 50 day moving average of $21.23 and a two-hundred day moving average of $21.90. The firm has a market cap of $3.21 million, a P/E ratio of 10.89 and a beta of 0.69.

Institutional Trading of KraneShares MSCI One Belt One Road ETF

A hedge fund recently raised its stake in KraneShares MSCI One Belt One Road ETF stock. Jane Street Group LLC raised its stake in KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) by 121.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 23,013 shares of the company’s stock after acquiring an additional 12,625 shares during the quarter. Jane Street Group LLC owned about 11.51% of KraneShares MSCI One Belt One Road ETF worth $533,000 at the end of the most recent reporting period.

KraneShares MSCI One Belt One Road ETF Company Profile

The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.