FAS Wealth Partners Inc. trimmed its stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX – Free Report) by 7.1% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 413,914 shares of the company’s stock after selling 31,683 shares during the period. KraneShares MSCI Emerging Markets ex China Index ETF comprises about 1.0% of FAS Wealth Partners Inc.’s portfolio, making the stock its 25th largest position. FAS Wealth Partners Inc. owned about 15.92% of KraneShares MSCI Emerging Markets ex China Index ETF worth $16,783,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the stock. PNC Financial Services Group Inc. acquired a new position in KraneShares MSCI Emerging Markets ex China Index ETF in the 1st quarter worth $47,000. Susquehanna International Group LLP acquired a new stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF in the 3rd quarter valued at about $248,000. SFG Wealth Management LLC. acquired a new stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF in the 3rd quarter valued at about $377,000. Janney Montgomery Scott LLC lifted its holdings in shares of KraneShares MSCI Emerging Markets ex China Index ETF by 3.6% in the fourth quarter. Janney Montgomery Scott LLC now owns 10,853 shares of the company’s stock valued at $402,000 after purchasing an additional 375 shares in the last quarter. Finally, Cetera Investment Advisers bought a new stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF in the first quarter valued at about $404,000.
KraneShares MSCI Emerging Markets ex China Index ETF Stock Performance
NYSEARCA KEMX opened at $47.90 on Monday. KraneShares MSCI Emerging Markets ex China Index ETF has a 52 week low of $31.87 and a 52 week high of $54.90. The stock’s 50 day moving average price is $50.48 and its two-hundred day moving average price is $45.92. The stock has a market capitalization of $124.54 million, a price-to-earnings ratio of 14.81 and a beta of 0.88.
KraneShares MSCI Emerging Markets ex China Index ETF Company Profile
The KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks the investment results of an index focused on large-cap and mid-cap companies within emerging market countries, excluding China. KEMX was launched on Apr 12, 2019 and is managed by KraneShares.
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