Shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Get Free Report) saw strong trading volume on Friday . 10,415,670 shares were traded during mid-day trading, a decline of 18% from the previous session’s volume of 12,753,757 shares.The stock last traded at $29.64 and had previously closed at $28.51.
KraneShares CSI China Internet ETF Stock Performance
The company’s 50-day moving average is $30.28 and its 200-day moving average is $29.39. The firm has a market cap of $5.82 billion, a price-to-earnings ratio of 22.48 and a beta of 1.30.
KraneShares CSI China Internet ETF Company Profile
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.
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