KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Shares Climb 0.9% – Should You Buy?

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ)’s stock price shot up 0.9% during trading on Tuesday. The stock traded as high as $23.08 and last traded at $23.08. Approximately 332 shares traded hands during trading, a decline of 98% from the average session volume of 15,729 shares. The stock had previously closed at $22.87.

KraneShares Emerging Markets Consumer Technology ETF Trading Up 0.9%

The business has a 50-day simple moving average of $24.97 and a 200 day simple moving average of $25.07. The stock has a market cap of $21.93 million, a P/E ratio of 18.05 and a beta of 0.90.

Institutional Trading of KraneShares Emerging Markets Consumer Technology ETF

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

KraneShares Emerging Markets Consumer Technology ETF Company Profile

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.