KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Shares Down 2.6% – Time to Sell?

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) shares fell 2.6% on Tuesday . The company traded as low as $17.47 and last traded at $17.47. 244 shares traded hands during trading, a decline of 91% from the average session volume of 2,855 shares. The stock had previously closed at $17.94.

KraneShares Emerging Markets Consumer Technology ETF Price Performance

The stock has a market capitalization of $17.20 million, a PE ratio of 24.73 and a beta of 1.28. The business’s fifty day moving average price is $17.84 and its two-hundred day moving average price is $16.49.

Institutional Investors Weigh In On KraneShares Emerging Markets Consumer Technology ETF

An institutional investor recently raised its position in KraneShares Emerging Markets Consumer Technology ETF stock. Flow Traders U.S. LLC increased its stake in shares of KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) by 18.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund 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 as of its most recent SEC filing.

KraneShares Emerging Markets Consumer Technology ETF Company Profile

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.