Jane Street Group LLC Decreases Stake in KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS)

Jane Street Group LLC decreased its holdings in shares of KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS) by 42.5% in the third quarter, Holdings Channel.com reports. The institutional investor owned 63,851 shares of the company’s stock after selling 47,283 shares during the quarter. Jane Street Group LLC’s holdings in KraneShares Electric Vehicles and Future Mobility Index ETF were worth $1,458,000 at the end of the most recent reporting period.

Separately, Commonwealth Equity Services LLC boosted its position in KraneShares Electric Vehicles and Future Mobility Index ETF by 39.1% during the second quarter. Commonwealth Equity Services LLC now owns 16,421 shares of the company’s stock worth $318,000 after acquiring an additional 4,614 shares during the last quarter.

KraneShares Electric Vehicles and Future Mobility Index ETF Trading Down 2.2 %

Shares of NYSEARCA KARS opened at $21.61 on Friday. The company has a 50-day moving average of $22.24 and a 200 day moving average of $20.79. KraneShares Electric Vehicles and Future Mobility Index ETF has a 12-month low of $17.54 and a 12-month high of $26.14. The stock has a market cap of $97.25 million, a PE ratio of 11.95 and a beta of 1.28.

About KraneShares Electric Vehicles and Future Mobility Index ETF

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.