KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) Trading Up 0.5% – Here’s What Happened

KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) were up 0.5% during trading on Monday . The company traded as high as $31.87 and last traded at $31.87. Approximately 65,287 shares changed hands during mid-day trading, an increase of 53% from the average daily volume of 42,698 shares. The stock had previously closed at $31.71.

KraneShares Bosera MSCI China A 50 Connect Index ETF Stock Up 0.5%

The stock has a 50 day moving average of $30.57 and a 200 day moving average of $28.74. The firm has a market cap of $229.46 million, a price-to-earnings ratio of 13.75 and a beta of 0.10.

KraneShares Bosera MSCI China A 50 Connect Index ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Stockholders of record on Monday, December 22nd were issued a dividend of $0.4832 per share. This represents a dividend yield of 158.0%. The ex-dividend date of this dividend was Monday, December 22nd.

Hedge Funds Weigh In On KraneShares Bosera MSCI China A 50 Connect Index ETF

Institutional investors have recently modified their holdings of the business. Jane Street Group LLC boosted its stake in KraneShares Bosera MSCI China A 50 Connect Index ETF by 1,604.7% in the first quarter. Jane Street Group LLC now owns 272,207 shares of the company’s stock valued at $6,430,000 after buying an additional 256,239 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 27.4% in the first quarter. Geneos Wealth Management Inc. now owns 4,892 shares of the company’s stock worth $116,000 after acquiring an additional 1,052 shares during the last quarter. Shell Asset Management Co. lifted its holdings in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 1.8% in the second quarter. Shell Asset Management Co. now owns 107,900 shares of the company’s stock worth $2,620,000 after acquiring an additional 1,927 shares during the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 48.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 35,151 shares of the company’s stock valued at $853,000 after purchasing an additional 11,527 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its holdings in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 2,328.0% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 9,712 shares of the company’s stock valued at $236,000 after purchasing an additional 9,312 shares during the last quarter.

KraneShares Bosera MSCI China A 50 Connect Index ETF Company Profile

The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that is based on the MSCI China A 50 Connect index. The fund tracks a subset of market cap-weighted large- and mid-cap Chinese equities listed in Shanghai and Shenzhen. KBA was launched on Mar 5, 2014 and is managed by KraneShares.