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

Posted by Trevor Kearing on Jan 18th, 2025

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ – Get Free Report)’s stock price dropped 0.1% during mid-day trading on Thursday . The stock traded as low as $16.63 and last traded at $16.63. Approximately 357 shares were traded during mid-day trading, a decline of 44% from the average daily volume of 640 shares. The stock had previously closed at $16.64.

KraneShares Emerging Markets Consumer Technology ETF Price Performance

The firm has a market capitalization of $16.99 million, a price-to-earnings ratio of 24.73 and a beta of 1.28. The business has a 50 day moving average of $17.17 and a 200 day moving average of $16.91.

Institutional Investors Weigh In On KraneShares Emerging Markets Consumer Technology ETF

A hedge fund recently raised its stake in KraneShares Emerging Markets Consumer Technology ETF stock. Flow Traders U.S. LLC raised its stake in KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ – Free Report) by 18.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 23,367 shares of the company’s stock after buying 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 reporting period.

About KraneShares Emerging Markets Consumer Technology ETF

(Get Free Report)

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.