KraneShares CSI China Internet ETF (NYSEARCA:KWEB) Shares Up 5.1% – Here’s What Happened

Shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEBGet Free Report) were up 5.1% during trading on Monday . The company traded as high as $37.73 and last traded at $37.66. Approximately 43,212,042 shares were traded during mid-day trading, an increase of 57% from the average daily volume of 27,534,914 shares. The stock had previously closed at $35.83.

KraneShares CSI China Internet ETF Stock Performance

The stock’s 50 day simple moving average is $36.88 and its 200-day simple moving average is $37.76. The firm has a market cap of $8.72 billion, a price-to-earnings ratio of 15.95 and a beta of 0.25.

KraneShares CSI China Internet ETF Company Profile

(Get Free Report)

The KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund tracks a market cap-weighted index composed of overseas-listed Chinese Internet companies. KWEB was launched on Jul 31, 2013 and is managed by KraneShares.

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