KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTEC – Get Rating) dropped 1% during mid-day trading on Tuesday . The stock traded as low as $12.94 and last traded at $13.06. Approximately 1,313 shares were traded during trading, a decline of 75% from the average daily volume of 5,150 shares. The stock had previously closed at $13.19.
KraneShares Hang Seng TECH Index ETF Stock Performance
The firm has a market cap of $6.53 million, a price-to-earnings ratio of 18.00 and a beta of 0.12. The company's fifty day moving average is $13.13 and its two-hundred day moving average is $12.25.
Get KraneShares Hang Seng TECH Index ETF alerts:Institutional Inflows and Outflows
An institutional investor recently raised its position in KraneShares Hang Seng TECH Index ETF stock. Jane Street Group LLC lifted its position in KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTEC – Get Rating) by 43.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 55,418 shares of the company's stock after acquiring an additional 16,877 shares during the quarter. Jane Street Group LLC owned approximately 9.24% of KraneShares Hang Seng TECH Index ETF worth $720,000 as of its most recent filing with the SEC.
KraneShares Hang Seng TECH Index ETF Company Profile
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The KraneShares Hang Seng TECH Index ETF (KTEC) is an exchange-traded fund that is based on the Hang Seng Tech index, a market-cap-weighted index of the 30 largest Chinese technology companies. KTEC was launched on Jun 9, 2021 and is managed by KraneShares.
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