KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Shares Up 0.9% – Here’s Why

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) rose 0.9% during trading on Tuesday. The company traded as high as $23.08 and last traded at $23.08. 332 shares changed hands during mid-day trading, a decline of 98% from the average session volume of 15,729 shares. The stock had previously closed at $22.87.

KraneShares Emerging Markets Consumer Technology ETF Stock Up 0.9%

The company’s fifty day moving average price is $24.97 and its 200 day moving average price is $25.07. The company has a market capitalization of $21.93 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

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