KPOP and Korean Entertainment ETF (NYSEARCA:KPOP) Trading Up 0.8%

KPOP and Korean Entertainment ETF (NYSEARCA:KPOP) shares shot up 0.8% on Tuesday . The company traded as high as $20.06 and last traded at $20.06. 84 shares changed hands during trading, a decline of 88% from the average session volume of 699 shares. The stock had previously closed at $19.90.

KPOP and Korean Entertainment ETF Stock Performance

The firm’s 50-day moving average is $20.39 and its 200-day moving average is $20.56.

Institutional Trading of KPOP and Korean Entertainment ETF

An institutional investor recently bought a new position in KPOP and Korean Entertainment ETF stock. Jane Street Group LLC bought a new stake in KPOP and Korean Entertainment ETF (NYSEARCA:KPOP) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 16,174 shares of the company’s stock, valued at approximately $318,000. Jane Street Group LLC owned 11.55% of KPOP and Korean Entertainment ETF as of its most recent SEC filing.

About KPOP and Korean Entertainment ETF

The KPOP and Korean Entertainment ETF (KPOP) is an exchange-traded fund that is based on the KPOP index. The fund tracks a market cap-weighted index of Korea-listed stocks that are engaged in the entertainment and interactive media & services industries. KPOP was launched on Aug 31, 2022 and is managed by KP Funds.