KraneShares CSI China Internet ETF (NYSEARCA:KWEB) Trading 0.4% Higher – Here’s What Happened

KraneShares CSI China Internet ETF (NYSEARCA:KWEBGet Free Report) shares rose 0.4% during trading on Tuesday . The company traded as high as $29.40 and last traded at $29.24. Approximately 8,607,288 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 21,091,414 shares. The stock had previously closed at $29.11.

KraneShares CSI China Internet ETF Price Performance

The stock has a 50 day moving average of $31.13 and a 200 day moving average of $29.39. The firm has a market cap of $5.70 billion, a P/E ratio of 22.48 and a beta of 1.30.

KraneShares CSI China Internet ETF Company Profile

(Get Free Report)

The KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund tracks a market cap-weighted index composed of overseas-listed Chinese Internet companies. KWEB was launched on Jul 31, 2013 and is managed by KraneShares.

Further Reading

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