KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS) Trading Down 0.6% – What’s Next?

Posted by Latisha Jones on Mar 28th, 2025

KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS – Get Free Report) traded down 0.6% on Wednesday . The company traded as low as $21.82 and last traded at $21.92. 5,956 shares traded hands during trading, a decline of 69% from the average session volume of 19,366 shares. The stock had previously closed at $22.06.

KraneShares Electric Vehicles and Future Mobility Index ETF Price Performance

The firm has a fifty day moving average of $21.90 and a two-hundred day moving average of $21.85. The stock has a market capitalization of $64.23 million, a P/E ratio of 20.97 and a beta of 1.24.

Hedge Funds Weigh In On KraneShares Electric Vehicles and Future Mobility Index ETF

A hedge fund recently bought a new stake in KraneShares Electric Vehicles and Future Mobility Index ETF stock. Westside Investment Management Inc. bought a new position in KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS – Free Report) in the third quarter, according to its most recent filing with the SEC. The firm bought 1,400 shares of the company’s stock, valued at approximately $32,000.

About KraneShares Electric Vehicles and Future Mobility Index ETF

(Get Free Report)

The KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of stocks that are involved in the production of electric vehicles or other initiatives that may enhance future mobility.