Corrado Advisors LLC Has $251,000 Position in KraneShares Electrification Metals Strategy ETF (NYSEARCA:KMET)

Corrado Advisors LLC grew its holdings in shares of KraneShares Electrification Metals Strategy ETF (NYSEARCA:KMET) by 4.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 18,748 shares of the company’s stock after acquiring an additional 883 shares during the period. Corrado Advisors LLC owned 0.09% of KraneShares Electrification Metals Strategy ETF worth $251,000 as of its most recent SEC filing.

KraneShares Electrification Metals Strategy ETF Price Performance

Shares of KMET stock traded down $0.31 on Tuesday, reaching $14.37. 596 shares of the company were exchanged, compared to its average volume of 1,814. The company has a market cap of $2.87 million, a price-to-earnings ratio of 7.96 and a beta of 0.58. The company has a 50-day moving average of $13.34 and a 200-day moving average of $15.95. KraneShares Electrification Metals Strategy ETF has a one year low of $12.27 and a one year high of $24.89.

About KraneShares Electrification Metals Strategy ETF

The KraneShares Electrification Metals Strategy ETF (KMET) is an exchange-traded fund that is based on the Bloomberg Electrification Metals index. The fund tracks an index composed of futures contracts on metals that are involved in the clean energy transition. The portfolio composition and weighting are determined based on projected supply and demand.