KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Stock Price Up 4.1% – Here’s What Happened

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ)’s share price rose 4.1% during mid-day trading on Friday . The company traded as high as $17.73 and last traded at $17.73. Approximately 2,199 shares changed hands during trading, a decline of 36% from the average daily volume of 3,449 shares. The stock had previously closed at $17.03.

KraneShares Emerging Markets Consumer Technology ETF Trading Up 4.1 %

The stock has a market capitalization of $19.50 million, a P/E ratio of 20.14 and a beta of 0.83. The firm’s fifty day moving average is $18.92 and its 200-day moving average is $18.12.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the company. GTS Securities LLC bought a new stake in KraneShares Emerging Markets Consumer Technology ETF during the 4th quarter worth approximately $422,000. Jane Street Group LLC raised its position in KraneShares Emerging Markets Consumer Technology ETF by 199.1% in 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 stake in KraneShares Emerging Markets Consumer Technology ETF by 1.8% in 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 in the last quarter.

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.