KraneShares CSI China Internet ETF (NYSEARCA:KWEB) Stock Price Down 0.5% – Here’s Why

KraneShares CSI China Internet ETF (NYSEARCA:KWEBGet Free Report) shares fell 0.5% on Thursday . The company traded as low as $36.59 and last traded at $37.01. 14,097,508 shares traded hands during mid-day trading, a decline of 36% from the average session volume of 22,061,365 shares. The stock had previously closed at $37.19.

KraneShares CSI China Internet ETF Trading Down 0.5%

The firm has a market capitalization of $8.85 billion, a price-to-earnings ratio of 15.95 and a beta of 0.25. The stock’s fifty day moving average price is $39.08 and its two-hundred day moving average price is $37.48.

About KraneShares CSI China Internet ETF

(Get Free Report)

The KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund tracks a market cap-weighted index composed of overseas-listed Chinese Internet companies. KWEB was launched on Jul 31, 2013 and is managed by KraneShares.

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