KraneShares CSI China Internet ETF (NYSEARCA:KWEB) Trading 0.4% Higher – Time to Buy?

KraneShares CSI China Internet ETF (NYSEARCA:KWEBGet Free Report) shares rose 0.4% on Tuesday . The stock traded as high as $29.40 and last traded at $29.24. Approximately 8,607,288 shares were traded during mid-day trading, a decline of 59% from the average daily volume of 21,091,414 shares. The stock had previously closed at $29.11.

KraneShares CSI China Internet ETF Stock Down 1.6 %

The firm has a 50-day simple moving average of $31.13 and a 200-day simple moving average of $29.39. The stock has a market cap of $5.70 billion, a PE ratio of 22.48 and a beta of 1.30.

About KraneShares CSI China Internet ETF

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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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