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KraneShares CICC China 5G & Semiconductor Index ETF (NYSEARCA:KFVG) Shares Down 2.3%

Defense World ·  Feb 25, 2023 15:42

KraneShares CICC China 5G & Semiconductor Index ETF (NYSEARCA:KFVG – Get Rating)'s stock price traded down 2.3% on Friday . The company traded as low as $15.75 and last traded at $15.78. 4,703 shares traded hands during trading, an increase of 69% from the average session volume of 2,776 shares. The stock had previously closed at $16.15.

KraneShares CICC China 5G & Semiconductor Index ETF Trading Down 2.3 %

The business's 50-day simple moving average is $16.33 and its two-hundred day simple moving average is $16.13.

Hedge Funds Weigh In On KraneShares CICC China 5G & Semiconductor Index ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. UBS Group AG boosted its position in KraneShares CICC China 5G & Semiconductor Index ETF by 79.2% during the third quarter. UBS Group AG now owns 4,506 shares of the company's stock worth $65,000 after purchasing an additional 1,992 shares during the period. Citadel Advisors LLC boosted its position in shares of KraneShares CICC China 5G & Semiconductor Index ETF by 23.3% in the second quarter. Citadel Advisors LLC now owns 21,168 shares of the company's stock valued at $413,000 after acquiring an additional 4,000 shares during the period. Royal Bank of Canada boosted its position in shares of KraneShares CICC China 5G & Semiconductor Index ETF by 164.9% in the third quarter. Royal Bank of Canada now owns 16,286 shares of the company's stock valued at $238,000 after acquiring an additional 10,139 shares during the period. Flow Traders U.S. LLC bought a new position in shares of KraneShares CICC China 5G & Semiconductor Index ETF in the fourth quarter valued at approximately $183,000. Finally, Jane Street Group LLC boosted its position in shares of KraneShares CICC China 5G & Semiconductor Index ETF by 148.3% in the third quarter. Jane Street Group LLC now owns 42,790 shares of the company's stock valued at $625,000 after acquiring an additional 25,557 shares during the period.

Further Reading

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