JAKOTA K-Pop and Korean Entertainment ETF (NYSEARCA:KPOP) Trading 1.1% Higher – Here’s Why

Shares of JAKOTA K-Pop and Korean Entertainment ETF (NYSEARCA:KPOPGet Free Report) were up 1.1% on Wednesday . The company traded as high as $12.85 and last traded at $12.68. Approximately 436 shares traded hands during trading, a decline of 4% from the average daily volume of 453 shares. The stock had previously closed at $12.54.

JAKOTA K-Pop and Korean Entertainment ETF Price Performance

The company has a 50-day simple moving average of $12.92 and a 200-day simple moving average of $13.77. The stock has a market cap of $2.25 million, a PE ratio of 16.29 and a beta of 1.33.

JAKOTA K-Pop and Korean Entertainment ETF Company Profile

(Get Free Report)

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.

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