KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTEC) Trading Down 0.3%

KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTECGet Free Report)’s stock price fell 0.3% during mid-day trading on Tuesday . The stock traded as low as $11.04 and last traded at $11.04. 53,664 shares changed hands during trading, an increase of 563% from the average session volume of 8,095 shares. The stock had previously closed at $11.07.

KraneShares Hang Seng TECH Index ETF Trading Down 0.3 %

The firm has a 50 day moving average of $10.41 and a 200-day moving average of $11.16. The company has a market cap of $5.52 million, a P/E ratio of 18.00 and a beta of 0.24.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in KraneShares Hang Seng TECH Index ETF stock. Flow Traders U.S. LLC bought a new position in KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTECFree Report) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 30,207 shares of the company’s stock, valued at approximately $398,000. Flow Traders U.S. LLC owned approximately 5.03% of KraneShares Hang Seng TECH Index ETF at the end of the most recent reporting period.

KraneShares Hang Seng TECH Index ETF Company Profile

(Get Free Report)

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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