KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS) Stock Price Up 1.7% – What’s Next?

Shares of KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARSGet Free Report) traded up 1.7% during mid-day trading on Tuesday . The stock traded as high as $23.46 and last traded at $23.23. 12,876 shares changed hands during trading, a decline of 52% from the average session volume of 26,778 shares. The stock had previously closed at $22.84.

KraneShares Electric Vehicles and Future Mobility Index ETF Price Performance

The firm has a market cap of $104.54 million, a PE ratio of 11.95 and a beta of 1.28. The stock has a 50-day moving average price of $21.11 and a 200 day moving average price of $20.63.

Institutional Investors Weigh In On KraneShares Electric Vehicles and Future Mobility Index ETF

An institutional investor recently raised its position in KraneShares Electric Vehicles and Future Mobility Index ETF stock. Commonwealth Equity Services LLC raised its position in KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARSFree Report) by 39.1% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,421 shares of the company’s stock after purchasing an additional 4,614 shares during the quarter. Commonwealth Equity Services LLC owned 0.36% of KraneShares Electric Vehicles and Future Mobility Index ETF worth $318,000 at the end of the most recent quarter.

KraneShares Electric Vehicles and Future Mobility Index ETF Company Profile

(Get Free Report)

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.

Further Reading

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