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

Shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEBGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $36.65, but opened at $35.45. KraneShares CSI China Internet ETF shares last traded at $34.51, with a volume of 16,084,935 shares.

KraneShares CSI China Internet ETF Trading Down 6.1 %

The stock has a market cap of $6.83 billion, a price-to-earnings ratio of 22.48 and a beta of 1.30. The company has a 50 day simple moving average of $30.83 and a 200-day simple moving average of $30.38.

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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