KraneShares CSI China Internet ETF (NYSEARCA:KWEB) Shares Gap Up – Here’s Why

KraneShares CSI China Internet ETF (NYSEARCA:KWEBGet Free Report)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $36.68, but opened at $37.54. KraneShares CSI China Internet ETF shares last traded at $37.62, with a volume of 6,465,824 shares trading hands.

KraneShares CSI China Internet ETF Price Performance

The business’s fifty day simple moving average is $31.82 and its 200 day simple moving average is $30.92. The firm has a market capitalization of $8.65 billion, a price-to-earnings ratio of 19.76 and a beta of 0.33.

KraneShares CSI China Internet ETF Company Profile

(Get Free Report)

The KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund tracks a market cap-weighted index composed of overseas-listed Chinese Internet companies. KWEB was launched on Jul 31, 2013 and is managed by KraneShares.

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