KraneShares CSI China Internet ETF (NYSEARCA:KWEB) Stock Price Down 1.3% – Time to Sell?

KraneShares CSI China Internet ETF (NYSEARCA:KWEBGet Free Report)’s share price traded down 1.3% during mid-day trading on Thursday . The company traded as low as $29.26 and last traded at $29.62. 51,278,379 shares changed hands during trading, an increase of 81% from the average session volume of 28,400,602 shares. The stock had previously closed at $30.01.

KraneShares CSI China Internet ETF Stock Up 3.1 %

The stock’s 50-day moving average price is $34.29 and its 200 day moving average price is $32.42. The firm has a market capitalization of $7.05 billion, a price-to-earnings ratio of 19.13 and a beta of 0.29.

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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