KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Get Free Report) shares were up 1.9% on Friday . The stock traded as high as $32.90 and last traded at $32.40. Approximately 42,086,368 shares traded hands during mid-day trading, an increase of 91% from the average daily volume of 22,011,867 shares. The stock had previously closed at $31.81.
KraneShares CSI China Internet ETF Price Performance
The company’s fifty day simple moving average is $30.17 and its 200-day simple moving average is $29.69. The firm has a market capitalization of $6.42 billion, a PE 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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