Flow Traders U.S. LLC Invests $840,000 in KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTEC)

Flow Traders U.S. LLC bought a new stake in shares of KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTEC) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 58,468 shares of the company’s stock, valued at approximately $840,000. Flow Traders U.S. LLC owned about 0.10% of KraneShares Hang Seng TECH Index ETF as of its most recent SEC filing.

KraneShares Hang Seng TECH Index ETF Stock Up 0.2 %

NYSEARCA:KTEC opened at $13.52 on Wednesday. KraneShares Hang Seng TECH Index ETF has a 52 week low of $9.29 and a 52 week high of $16.80. The firm has a 50 day moving average of $13.96 and a 200 day moving average of $12.20. The stock has a market capitalization of $8.11 million, a price-to-earnings ratio of 24.93 and a beta of 1.19.

KraneShares Hang Seng TECH Index ETF Profile

The KraneShares Hang Seng TECH Index ETF (KTEC) is an exchange-traded fund that is based on the Hang Seng Tech index, a market-cap-weighted index of the 30 largest Chinese technology companies. KTEC was launched on Jun 9, 2021 and is managed by KraneShares.