Prudential PLC Sells 248,550 Shares of KraneShares SSE Star Market 50 Index ETF $KSTR

Prudential PLC lessened its position in shares of KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) by 39.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 388,040 shares of the company’s stock after selling 248,550 shares during the period. Prudential PLC owned about 0.09% of KraneShares SSE Star Market 50 Index ETF worth $7,221,000 at the end of the most recent reporting period.

Separately, Susquehanna International Group LLP increased its holdings in KraneShares SSE Star Market 50 Index ETF by 436.0% during the 3rd quarter. Susquehanna International Group LLP now owns 139,948 shares of the company’s stock worth $2,814,000 after purchasing an additional 113,838 shares in the last quarter.

KraneShares SSE Star Market 50 Index ETF Trading Down 5.9%

KSTR stock opened at $23.50 on Friday. The stock has a 50-day moving average price of $22.32 and a two-hundred day moving average price of $20.54. KraneShares SSE Star Market 50 Index ETF has a 1 year low of $12.97 and a 1 year high of $26.79.

KraneShares SSE Star Market 50 Index ETF Profile

The KraneShares SSE STAR Market 50 Index ETF (KSTR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of the top 50 companies by market-cap that are listed on the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board. KSTR was launched on Jan 27, 2021 and is managed by KraneShares.