KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX – Get Free Report) traded up 1.4% on Tuesday. The company traded as high as $48.37 and last traded at $48.36. 8,055 shares changed hands during trading, a decline of 56% from the average daily volume of 18,358 shares. The stock had previously closed at $47.67.
KraneShares MSCI Emerging Markets ex China Index ETF Price Performance
The business’s 50-day moving average is $50.78 and its 200 day moving average is $47.23. The firm has a market capitalization of $125.74 million, a P/E ratio of 14.81 and a beta of 0.90.
Institutional Trading of KraneShares MSCI Emerging Markets ex China Index ETF
A number of institutional investors and hedge funds have recently made changes to their positions in KEMX. Ascentis Independent Advisors acquired a new position in KraneShares MSCI Emerging Markets ex China Index ETF during the first quarter valued at approximately $1,114,000. Cetera Investment Advisers acquired a new stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF in the 1st quarter valued at approximately $404,000. Envestnet Asset Management Inc. bought a new stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF during the second quarter worth $461,000. SFG Wealth Management LLC. increased its holdings in shares of KraneShares MSCI Emerging Markets ex China Index ETF by 78.3% during the second quarter. SFG Wealth Management LLC. now owns 18,879 shares of the company’s stock worth $991,000 after buying an additional 8,292 shares in the last quarter. Finally, Invested Advisors grew its position in KraneShares MSCI Emerging Markets ex China Index ETF by 108.4% during the 3rd quarter. Invested Advisors now owns 7,955 shares of the company’s stock worth $407,000 after acquiring an additional 4,138 shares during the last quarter.
About KraneShares MSCI Emerging Markets ex China Index ETF
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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