KraneShares CICC China 5G & Semiconductor ETF (NYSEARCA:KFVG) Stock Price Down 0.7%

KraneShares CICC China 5G & Semiconductor ETF (NYSEARCA:KFVG) fell 0.7% on Friday . The company traded as low as $14.78 and last traded at $14.80. 3,563 shares were traded during trading, an increase of 3% from the average session volume of 3,468 shares. The stock had previously closed at $14.90.

KraneShares CICC China 5G & Semiconductor ETF Price Performance

The company has a market capitalization of $13.32 million, a price-to-earnings ratio of 22.28 and a beta of 0.49. The firm’s fifty day moving average price is $16.05 and its 200-day moving average price is $16.53.

Institutional Investors Weigh In On KraneShares CICC China 5G & Semiconductor ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Credit Suisse AG acquired a new position in KraneShares CICC China 5G & Semiconductor ETF in the 2nd quarter valued at approximately $1,015,000. OLD Mission Capital LLC lifted its holdings in KraneShares CICC China 5G & Semiconductor ETF by 73.0% during the 4th quarter. OLD Mission Capital LLC now owns 114,309 shares of the company’s stock worth $1,753,000 after buying an additional 48,235 shares during the period. Jane Street Group LLC grew its position in shares of KraneShares CICC China 5G & Semiconductor ETF by 148.3% in the 3rd quarter. Jane Street Group LLC now owns 42,790 shares of the company’s stock valued at $625,000 after buying an additional 25,557 shares during the last quarter. Flow Traders U.S. LLC acquired a new stake in shares of KraneShares CICC China 5G & Semiconductor ETF in the second quarter valued at about $266,000. Finally, Royal Bank of Canada raised its position in shares of KraneShares CICC China 5G & Semiconductor ETF by 164.9% during the third quarter. Royal Bank of Canada now owns 16,286 shares of the company’s stock worth $238,000 after acquiring an additional 10,139 shares during the last quarter.

About KraneShares CICC China 5G & Semiconductor ETF

The KraneShares CICC China 5G & Semiconductor Index ETF (KFVG) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks a market-cap weighted index of Chinese companies in the 5G and semiconductor-related industries. KFVG was launched on Nov 24, 2020 and is managed by KraneShares.