KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTEC – Get Free Report)’s share price dropped 1.5% during trading on Monday . The stock traded as low as $13.64 and last traded at $13.69. Approximately 10,342 shares traded hands during mid-day trading, a decline of 29% from the average daily volume of 14,494 shares. The stock had previously closed at $13.91.
KraneShares Hang Seng TECH Index ETF Stock Down 1.5 %
The firm has a market cap of $8.22 million, a PE ratio of 24.93 and a beta of 1.19. The business has a 50 day simple moving average of $12.32 and a two-hundred day simple moving average of $11.74.
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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