KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Stock Price Up 1.2% – Time to Buy?

Shares of KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) traded up 1.2% during trading on Tuesday . The company traded as high as $25.38 and last traded at $25.33. Approximately 4,868 shares were traded during mid-day trading, a decline of 78% from the average session volume of 22,184 shares. The stock had previously closed at $25.04.

KraneShares Emerging Markets Consumer Technology ETF Trading Up 1.2%

The company has a market cap of $25.33 million, a PE ratio of 18.05 and a beta of 0.90. The firm’s 50-day simple moving average is $25.47 and its two-hundred day simple moving average is $25.04.

Institutional Investors Weigh In On KraneShares Emerging Markets Consumer Technology ETF

A number of large investors have recently made changes to their positions in the stock. LPL Financial LLC raised its stake in shares of KraneShares Emerging Markets Consumer Technology ETF by 356.5% in the fourth quarter. LPL Financial LLC now owns 584,373 shares of the company’s stock worth $14,405,000 after purchasing an additional 456,361 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of KraneShares Emerging Markets Consumer Technology ETF by 1,863.3% during the third quarter. Raymond James Financial Inc. now owns 41,798 shares of the company’s stock worth $1,102,000 after purchasing an additional 39,669 shares during the period. Jane Street Group LLC boosted its position in KraneShares Emerging Markets Consumer Technology ETF by 100.0% in the fourth quarter. Jane Street Group LLC now owns 43,117 shares of the company’s stock valued at $1,063,000 after buying an additional 21,556 shares during the last quarter. Finally, Tradition Wealth Management LLC boosted its position in KraneShares Emerging Markets Consumer Technology ETF by 89.2% in the fourth quarter. Tradition Wealth Management LLC now owns 16,903 shares of the company’s stock valued at $417,000 after buying an additional 7,970 shares during the last quarter.

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.