KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS) Trading Up 1.4% – Here’s What Happened

Shares of KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS) traded up 1.4% during trading on Monday . The stock traded as high as $21.89 and last traded at $21.76. 8,077 shares traded hands during trading, a decline of 15% from the average session volume of 9,471 shares. The stock had previously closed at $21.47.

KraneShares Electric Vehicles and Future Mobility Index ETF Price Performance

The stock has a market cap of $97.92 million, a P/E ratio of 11.95 and a beta of 1.28. The stock’s 50 day simple moving average is $21.86 and its two-hundred day simple moving average is $20.94.

Institutional Trading of KraneShares Electric Vehicles and Future Mobility Index ETF

A hedge fund recently bought a new stake in KraneShares Electric Vehicles and Future Mobility Index ETF stock. Westside Investment Management Inc. purchased a new stake in KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 1,400 shares of the company’s stock, valued at approximately $32,000.

KraneShares Electric Vehicles and Future Mobility Index ETF Company Profile

The KraneShares Electric Vehicles and Future Mobility Index ETF (KARS) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a modified market-cap-weighted index of stocks that are involved in the production of electric vehicles or other initiatives that may enhance future mobility.