KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Stock Price Up 1.1%

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ)’s stock price rose 1.1% during mid-day trading on Wednesday . The stock traded as high as $14.85 and last traded at $14.85. Approximately 319 shares changed hands during mid-day trading, a decline of 93% from the average daily volume of 4,424 shares. The stock had previously closed at $14.69.

KraneShares Emerging Markets Consumer Technology ETF Stock Up 1.7 %

The firm’s 50-day moving average is $14.57 and its 200-day moving average is $14.25. The company has a market capitalization of $15.16 million, a PE ratio of 22.59 and a beta of 1.28.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in KraneShares Emerging Markets Consumer Technology ETF stock. Austin Wealth Management LLC purchased a new stake in shares of KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 27,158 shares of the company’s stock, valued at approximately $402,000. Austin Wealth Management LLC owned 3.02% of KraneShares Emerging Markets Consumer Technology ETF as of its most recent SEC filing.

About KraneShares Emerging Markets Consumer Technology ETF

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.