KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Shares Up 0.7% – Still a Buy?

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ)’s share price traded up 0.7% on Friday . The company traded as high as $18.42 and last traded at $18.14. 324 shares were traded during mid-day trading, a decline of 96% from the average session volume of 8,837 shares. The stock had previously closed at $18.02.

KraneShares Emerging Markets Consumer Technology ETF Trading Up 0.7 %

The firm’s 50-day moving average price is $17.20 and its 200-day moving average price is $17.07. The stock has a market capitalization of $18.14 million, a PE ratio of 24.73 and a beta of 1.28.

Institutional Investors Weigh In On KraneShares Emerging Markets Consumer Technology ETF

An institutional investor recently raised its position in KraneShares Emerging Markets Consumer Technology ETF stock. Flow Traders U.S. LLC increased its stake in shares of KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) by 18.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 23,367 shares of the company’s stock after purchasing an additional 3,593 shares during the quarter. Flow Traders U.S. LLC owned 2.34% of KraneShares Emerging Markets Consumer Technology ETF worth $438,000 at the end of the most recent quarter.

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.