KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) Shares Sold by Prudential PLC

Prudential PLC cut its stake in KraneShares SSE Star Market 50 Index ETF (NYSEARCA:KSTR) by 0.4% in the fourth quarter, Holdings Channel reports. The fund owned 664,136 shares of the company’s stock after selling 2,500 shares during the period. Prudential PLC owned 0.29% of KraneShares SSE Star Market 50 Index ETF worth $8,654,000 at the end of the most recent quarter.

Separately, OLD Mission Capital LLC grew its holdings in shares of KraneShares SSE Star Market 50 Index ETF by 11.0% in the fourth quarter. OLD Mission Capital LLC now owns 85,527 shares of the company’s stock valued at $1,114,000 after purchasing an additional 8,458 shares during the period.

KraneShares SSE Star Market 50 Index ETF Price Performance

Shares of KSTR stock opened at $13.07 on Friday. The company has a market capitalization of $33.98 million, a PE ratio of 42.47 and a beta of 0.52. The firm’s 50-day moving average is $14.02 and its two-hundred day moving average is $13.37. KraneShares SSE Star Market 50 Index ETF has a 12 month low of $9.26 and a 12 month high of $21.00.

About KraneShares SSE Star Market 50 Index ETF

The KraneShares SSE STAR Market 50 Index ETF (KSTR) is an exchange-traded fund that mostly invests in total market equity. The fund tracks an index of the top 50 companies by market-cap that are listed on the Shanghai Stock Exchange (SSE) Science and Technology Innovation Board. KSTR was launched on Jan 27, 2021 and is managed by KraneShares.