KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) Stock Price Down 0% – Should You Sell?

KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) shares traded down 0% during trading on Friday . The company traded as low as $20.92 and last traded at $20.96. 433 shares changed hands during mid-day trading, an increase of 18% from the average session volume of 367 shares. The stock had previously closed at $20.97.

KraneShares MSCI One Belt One Road ETF Trading Down 0.0 %

The company has a 50 day moving average price of $22.04 and a 200 day moving average price of $22.09. The company has a market capitalization of $4.19 million, a price-to-earnings ratio of 8.24 and a beta of 0.56.

Hedge Funds Weigh In On KraneShares MSCI One Belt One Road ETF

A hedge fund recently raised its stake in KraneShares MSCI One Belt One Road ETF stock. Jane Street Group LLC lifted its position in shares of KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) by 121.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,013 shares of the company’s stock after buying an additional 12,625 shares during the period. Jane Street Group LLC owned about 11.51% of KraneShares MSCI One Belt One Road ETF worth $533,000 at the end of the most recent quarter.

KraneShares MSCI One Belt One Road ETF Company Profile

The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.