KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTEC) Trading Down 3.9% – Should You Sell?

Posted by Renee Jackson on Mar 2nd, 2025

KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTEC – Get Free Report)’s stock price were down 3.9% during mid-day trading on Friday . The stock traded as low as $16.45 and last traded at $16.72. Approximately 141,292 shares changed hands during mid-day trading, an increase of 173% from the average daily volume of 51,818 shares. The stock had previously closed at $17.40.

KraneShares Hang Seng TECH Index ETF Price Performance

The stock has a market cap of $16.72 million, a P/E ratio of 21.78 and a beta of 0.48. The business’s 50 day simple moving average is $14.64 and its 200 day simple moving average is $13.56.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in KraneShares Hang Seng TECH Index ETF stock. Flow Traders U.S. LLC bought a new position in KraneShares Hang Seng TECH Index ETF (NYSEARCA:KTEC – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 58,468 shares of the company’s stock, valued at approximately $840,000. Flow Traders U.S. LLC owned about 9.74% of KraneShares Hang Seng TECH Index ETF as of its most recent filing with the Securities and Exchange Commission.

KraneShares Hang Seng TECH Index ETF Company Profile

(Get Free Report)

The KraneShares Hang Seng TECH Index ETF (KTEC) is an exchange-traded fund that is based on the Hang Seng Tech index, a market-cap-weighted index of the 30 largest Chinese technology companies. KTEC was launched on Jun 9, 2021 and is managed by KraneShares.