KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Trading Up 1.3% – Should You Buy?

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ)’s share price rose 1.3% during trading on Tuesday . The company traded as high as $25.94 and last traded at $25.85. Approximately 6,129 shares traded hands during trading, a decline of 74% from the average session volume of 23,699 shares. The stock had previously closed at $25.53.

KraneShares Emerging Markets Consumer Technology ETF Stock Down 1.6%

The business has a fifty day moving average of $25.24 and a 200 day moving average of $24.98. The firm has a market cap of $39.08 million, a P/E ratio of 18.05 and a beta of 0.90.

Hedge Funds Weigh In On KraneShares Emerging Markets Consumer Technology ETF

Institutional investors have recently modified their holdings of the stock. Raymond James Financial Inc. acquired a new stake in shares of KraneShares Emerging Markets Consumer Technology ETF in the 2nd quarter valued at approximately $48,000. Tradition Wealth Management LLC grew its holdings in KraneShares Emerging Markets Consumer Technology ETF by 89.2% during the fourth quarter. Tradition Wealth Management LLC now owns 16,903 shares of the company’s stock valued at $417,000 after purchasing an additional 7,970 shares during the period. Jane Street Group LLC increased its stake in KraneShares Emerging Markets Consumer Technology ETF by 60.7% in the second quarter. Jane Street Group LLC now owns 23,586 shares of the company’s stock valued at $531,000 after purchasing an additional 8,910 shares in the last quarter. Finally, LPL Financial LLC increased its stake in KraneShares Emerging Markets Consumer Technology ETF by 356.5% in the fourth quarter. LPL Financial LLC now owns 584,373 shares of the company’s stock valued at $14,405,000 after purchasing an additional 456,361 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.