KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX) Stock Price Up 0.6% – Here’s What Happened

KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX) shares shot up 0.6% on Tuesday . The stock traded as high as $53.02 and last traded at $52.78. 13,583 shares were traded during trading, a decline of 34% from the average session volume of 20,492 shares. The stock had previously closed at $52.46.

KraneShares MSCI Emerging Markets ex China Index ETF Stock Performance

The firm has a market capitalization of $134.06 million, a P/E ratio of 14.81 and a beta of 0.89. The firm has a 50-day moving average of $49.88 and a 200-day moving average of $47.65.

Institutional Investors Weigh In On KraneShares MSCI Emerging Markets ex China Index ETF

Several institutional investors have recently modified their holdings of KEMX. Janney Montgomery Scott LLC raised its position in KraneShares MSCI Emerging Markets ex China Index ETF by 3.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 10,853 shares of the company’s stock worth $402,000 after buying an additional 375 shares during the last quarter. PNC Financial Services Group Inc. bought a new stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF in the first quarter worth approximately $47,000. Invested Advisors bought a new stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF in the second quarter worth approximately $200,000. Susquehanna International Group LLP purchased a new position in shares of KraneShares MSCI Emerging Markets ex China Index ETF during the third quarter valued at approximately $248,000. Finally, SFG Wealth Management LLC. raised its holdings in shares of KraneShares MSCI Emerging Markets ex China Index ETF by 78.3% during the second quarter. SFG Wealth Management LLC. now owns 18,879 shares of the company’s stock valued at $991,000 after purchasing an additional 8,292 shares during the last quarter.

KraneShares MSCI Emerging Markets ex China Index ETF Company Profile

The KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks the investment results of an index focused on large-cap and mid-cap companies within emerging market countries, excluding China. KEMX was launched on Apr 12, 2019 and is managed by KraneShares.