FAS Wealth Partners Inc. Has $16.78 Million Position in KraneShares MSCI Emerging Markets ex China Index ETF $KEMX

FAS Wealth Partners Inc. decreased its stake in KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX) by 7.1% in the 1st quarter, Holdings Channel.com reports. The fund owned 413,914 shares of the company’s stock after selling 31,683 shares during the quarter. KraneShares MSCI Emerging Markets ex China Index ETF makes up 1.0% of FAS Wealth Partners Inc.’s holdings, making the stock its 25th largest holding. FAS Wealth Partners Inc. owned approximately 0.16% of KraneShares MSCI Emerging Markets ex China Index ETF worth $16,783,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Janney Montgomery Scott LLC boosted its position in KraneShares MSCI Emerging Markets ex China Index ETF by 3.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,853 shares of the company’s stock valued at $402,000 after purchasing an additional 375 shares during the last quarter. PNC Financial Services Group Inc. bought a new position in KraneShares MSCI Emerging Markets ex China Index ETF in the first quarter valued at approximately $47,000. Thomasville National Bank increased its position in shares of KraneShares MSCI Emerging Markets ex China Index ETF by 1.6% during the 4th quarter. Thomasville National Bank now owns 139,687 shares of the company’s stock worth $5,180,000 after purchasing an additional 2,237 shares during the last quarter. Susquehanna International Group LLP acquired a new position in shares of KraneShares MSCI Emerging Markets ex China Index ETF during the 3rd quarter worth approximately $248,000. Finally, LPL Financial LLC increased its position in shares of KraneShares MSCI Emerging Markets ex China Index ETF by 28.2% during the 4th quarter. LPL Financial LLC now owns 39,187 shares of the company’s stock worth $1,453,000 after purchasing an additional 8,626 shares during the last quarter.

KraneShares MSCI Emerging Markets ex China Index ETF Price Performance

Shares of KraneShares MSCI Emerging Markets ex China Index ETF stock opened at $47.90 on Monday. The stock has a market cap of $124.54 million, a P/E ratio of 14.81 and a beta of 0.88. KraneShares MSCI Emerging Markets ex China Index ETF has a 12-month low of $31.87 and a 12-month high of $54.90. The business’s 50 day moving average is $50.48 and its 200-day moving average is $45.92.

About KraneShares MSCI Emerging Markets ex China Index ETF

The KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks the investment results of an index focused on large-cap and mid-cap companies within emerging market countries, excluding China. KEMX was launched on Apr 12, 2019 and is managed by KraneShares.