KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Stock Price Down 0.6% – What’s Next?

Shares of KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) dropped 0.6% during mid-day trading on Tuesday. The stock traded as low as $25.04 and last traded at $25.08. Approximately 694 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 16,649 shares. The stock had previously closed at $25.22.

KraneShares Emerging Markets Consumer Technology ETF Stock Performance

The company has a market capitalization of $23.64 million, a PE ratio of 18.05 and a beta of 0.90. The business has a fifty day moving average of $25.60 and a 200 day moving average of $25.05.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in KraneShares Emerging Markets Consumer Technology ETF stock. Integrated Wealth Concepts LLC bought a new position in shares of KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 1,400 shares of the company’s stock, valued at approximately $36,000. Integrated Wealth Concepts LLC owned 0.14% of KraneShares Emerging Markets Consumer Technology ETF as of its most recent SEC filing.

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.