KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) Shares Down 2.6% – Time to Sell?

KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) shares fell 2.6% on Tuesday . The company traded as low as $17.47 and last traded at $17.47. 244 shares changed hands during mid-day trading, a decline of 91% from the average session volume of 2,855 shares. The stock had previously closed at $17.94.

KraneShares Emerging Markets Consumer Technology ETF Stock Down 2.6 %

The stock’s 50 day moving average price is $17.78 and its 200-day moving average price is $16.48. The stock has a market capitalization of $17.47 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. OLD Mission Capital LLC boosted its holdings in KraneShares Emerging Markets Consumer Technology ETF (NYSEARCA:KEMQ) by 133.5% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 254,868 shares of the company’s stock after purchasing an additional 145,698 shares during the quarter. OLD Mission Capital LLC owned approximately 25.49% of KraneShares Emerging Markets Consumer Technology ETF worth $3,772,000 as of its most recent SEC filing.

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.