KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Stock Falls 0.6% – Time to Sell?

Shares of KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) were down 0.6% during trading on Tuesday. The stock traded as low as $25.04 and last traded at $25.08. 694 shares traded hands during trading, a decline of 96% from the average daily volume of 16,649 shares. The stock had previously closed at $25.22.

KraneShares Emerging Markets Consumer Technology ETF Trading Down 0.6%

The firm’s fifty day moving average price is $25.59 and its 200 day moving average price is $25.03. The firm has a market capitalization of $23.83 million, a PE ratio of 18.05 and a beta of 0.90.

Institutional Investors Weigh In On KraneShares Emerging Markets Consumer Technology ETF

A hedge fund recently bought a new position in KraneShares Emerging Markets Consumer Technology ETF stock. Integrated Wealth Concepts LLC acquired a new stake in shares of KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 1,400 shares of the company’s stock, valued at approximately $36,000. Integrated Wealth Concepts LLC owned 0.14% of KraneShares Emerging Markets Consumer Technology ETF at the end of the most recent quarter.

KraneShares Emerging Markets Consumer Technology ETF Company Profile

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.