KraneShares CSI China Internet ETF (NYSEARCA:KWEB) Shares Gap Down – Should You Sell?

KraneShares CSI China Internet ETF (NYSEARCA:KWEBGet Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $36.50, but opened at $34.61. KraneShares CSI China Internet ETF shares last traded at $34.62, with a volume of 2,292,982 shares changing hands.

KraneShares CSI China Internet ETF Trading Down 4.8%

The company has a market cap of $8.31 billion, a PE ratio of 15.95 and a beta of 0.25. The firm’s 50-day simple moving average is $38.45 and its two-hundred day simple moving average is $37.66.

KraneShares CSI China Internet ETF Company Profile

(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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