KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTEC) Stock Price Down 1.5% – Here’s What Happened

KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTECGet Free Report) were down 1.5% during trading on Monday . The stock traded as low as $13.64 and last traded at $13.69. Approximately 10,342 shares were traded during mid-day trading, a decline of 29% from the average daily volume of 14,494 shares. The stock had previously closed at $13.91.

KraneShares Hang Seng TECH Index ETF Stock Down 1.0 %

The firm’s 50 day simple moving average is $12.38 and its 200 day simple moving average is $11.77. The company has a market cap of $8.29 million, a price-to-earnings ratio of 24.93 and a beta of 1.19.

KraneShares Hang Seng TECH Index ETF Company Profile

(Get Free Report)

The KraneShares Hang Seng TECH Index ETF (KTEC) is an exchange-traded fund that is based on the Hang Seng Tech index, a market-cap-weighted index of the 30 largest Chinese technology companies. KTEC was launched on Jun 9, 2021 and is managed by KraneShares.

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