Cambridge Investment Research Advisors Inc. Purchases 2,263 Shares of KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS)

Cambridge Investment Research Advisors Inc. lifted its position in KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS – Get Rating) by 7.8% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 31,272 shares of the company’s stock after purchasing an additional 2,263 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in KraneShares Electric Vehicles and Future Mobility Index ETF were worth $880,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Arkadios Wealth Advisors lifted its holdings in shares of KraneShares Electric Vehicles and Future Mobility Index ETF by 3.4% during the fourth quarter. Arkadios Wealth Advisors now owns 30,028 shares of the company’s stock worth $845,000 after buying an additional 998 shares during the last quarter.

KraneShares Electric Vehicles and Future Mobility Index ETF Stock Performance

KARS opened at $29.46 on Monday. The business has a 50 day moving average of $29.29 and a 200-day moving average of $30.63. The stock has a market capitalization of $179.71 million, a price-to-earnings ratio of 20.99 and a beta of 1.27. KraneShares Electric Vehicles and Future Mobility Index ETF has a 1-year low of $27.30 and a 1-year high of $39.73.

About KraneShares Electric Vehicles and Future Mobility Index ETF

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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.