KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Trading Down 0.1% – Here’s What Happened

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ)’s share price fell 0.1% during trading on Thursday . The company traded as low as $16.63 and last traded at $16.63. 357 shares changed hands during mid-day trading, a decline of 44% from the average session volume of 640 shares. The stock had previously closed at $16.64.

KraneShares Emerging Markets Consumer Technology ETF Stock Down 0.1 %

The company has a market capitalization of $16.63 million, a PE ratio of 24.73 and a beta of 1.28. The company has a 50-day moving average price of $17.23 and a two-hundred day moving average price of $16.90.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in KraneShares Emerging Markets Consumer Technology ETF stock. Flow Traders U.S. LLC increased its position in KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) by 18.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,367 shares of the company’s stock after acquiring an additional 3,593 shares during the quarter. Flow Traders U.S. LLC owned about 2.34% of KraneShares Emerging Markets Consumer Technology ETF worth $438,000 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.