Shares of KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTEC – Get Free Report) traded up 2.3% on Wednesday . The company traded as high as $11.11 and last traded at $11.08. 10,738 shares traded hands during mid-day trading, an increase of 47% from the average session volume of 7,299 shares. The stock had previously closed at $10.83.
KraneShares Hang Seng TECH Index ETF Price Performance
The firm’s 50-day moving average is $10.75 and its two-hundred day moving average is $11.03. The company has a market cap of $6.96 million, a P/E ratio of 21.58 and a beta of 1.19.
KraneShares Hang Seng TECH Index ETF Company Profile
The KraneShares Hang Seng TECH Index ETF (KTEC) is an exchange-traded fund that is based on the Hang Seng Tech index, a market-cap-weighted index of the 30 largest Chinese technology companies. KTEC was launched on Jun 9, 2021 and is managed by KraneShares.
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