KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) Stock Price Down 0% – Here’s What Happened

Posted by Tyrone Williams on Jan 5th, 2025

KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR – Get Free Report)’s share price dropped 0% during mid-day trading on Friday . The company traded as low as $20.92 and last traded at $20.96. Approximately 433 shares traded hands during trading, an increase of 18% from the average daily volume of 367 shares. The stock had previously closed at $20.97.

KraneShares MSCI One Belt One Road ETF Trading Down 0.0 %

The firm’s 50-day moving average price is $22.04 and its 200 day moving average price is $22.09. The company has a market capitalization of $4.19 million, a price-to-earnings ratio of 8.24 and a beta of 0.56.

Institutional Investors Weigh In On KraneShares MSCI One Belt One Road ETF

An institutional investor recently raised its position in KraneShares MSCI One Belt One Road ETF stock. Jane Street Group LLC boosted its stake in shares of KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR – Free Report) by 121.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,013 shares of the company’s stock after buying an additional 12,625 shares during the quarter. Jane Street Group LLC owned approximately 11.51% of KraneShares MSCI One Belt One Road ETF worth $533,000 as of its most recent SEC filing.

KraneShares MSCI One Belt One Road ETF Company Profile

(Get Free Report)

The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.