Janney Montgomery Scott LLC Sells 527 Shares of KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX)

Janney Montgomery Scott LLC decreased its stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX) by 4.9% during the fourth quarter, Holdings Channel reports. The firm owned 10,166 shares of the company’s stock after selling 527 shares during the quarter. Janney Montgomery Scott LLC’s holdings in KraneShares MSCI Emerging Markets ex China Index ETF were worth $282,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sharkey Howes & Javer boosted its holdings in shares of KraneShares MSCI Emerging Markets ex China Index ETF by 45.1% in the third quarter. Sharkey Howes & Javer now owns 45,083 shares of the company’s stock worth $1,407,000 after buying an additional 14,023 shares during the last quarter. Thomasville National Bank raised its position in KraneShares MSCI Emerging Markets ex China Index ETF by 1.8% in the fourth quarter. Thomasville National Bank now owns 161,665 shares of the company’s stock worth $4,480,000 after acquiring an additional 2,854 shares during the period. Finally, OneDigital Investment Advisors LLC boosted its stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF by 0.7% during the 3rd quarter. OneDigital Investment Advisors LLC now owns 76,105 shares of the company’s stock worth $2,375,000 after acquiring an additional 558 shares during the last quarter.

KraneShares MSCI Emerging Markets ex China Index ETF Price Performance

NYSEARCA:KEMX opened at $28.55 on Wednesday. KraneShares MSCI Emerging Markets ex China Index ETF has a one year low of $27.31 and a one year high of $32.24. The business has a fifty day moving average price of $28.52 and a 200-day moving average price of $29.80. The firm has a market capitalization of $77.09 million, a price-to-earnings ratio of 12.28 and a beta of 0.85.

About KraneShares MSCI Emerging Markets ex China Index ETF

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.