KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) Stock Price Up 0% – Should You Buy?

Shares of KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) were up 0% during trading on Tuesday . The company traded as high as $28.94 and last traded at $28.54. 680,083 shares were traded during mid-day trading, an increase of 84% from the average session volume of 369,768 shares. The stock had previously closed at $28.53.

KraneShares SSE Star Market 50 Index ETF Stock Performance

The firm’s 50 day moving average is $25.80 and its 200 day moving average is $21.99.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in KSTR. OLD Mission Capital LLC increased its holdings in shares of KraneShares SSE Star Market 50 Index ETF by 47.9% in the fourth quarter. OLD Mission Capital LLC now owns 66,418 shares of the company’s stock worth $1,236,000 after purchasing an additional 21,502 shares during the period. Susquehanna International Group LLP increased its stake in KraneShares SSE Star Market 50 Index ETF by 436.0% in the 3rd quarter. Susquehanna International Group LLP now owns 139,948 shares of the company’s stock worth $2,814,000 after acquiring an additional 113,838 shares during the last quarter. Finally, Citadel Advisors LLC purchased a new stake in shares of KraneShares SSE Star Market 50 Index ETF in the 3rd quarter valued at about $3,245,000.

About KraneShares SSE Star Market 50 Index ETF

The KraneShares SSE STAR Market 50 Index ETF (KSTR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of the top 50 companies by market-cap that are listed on the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board. KSTR was launched on Jan 27, 2021 and is managed by KraneShares.