KraneShares CSI China Internet ETF (NYSEARCA:KWEB) Shares Gap Up – Should You Buy?

KraneShares CSI China Internet ETF (NYSEARCA:KWEBGet Free Report) shares gapped up prior to trading on Monday . The stock had previously closed at $31.09, but opened at $33.73. KraneShares CSI China Internet ETF shares last traded at $34.23, with a volume of 10,852,468 shares traded.

KraneShares CSI China Internet ETF Trading Down 4.8 %

The firm’s 50-day moving average price is $32.54 and its two-hundred day moving average price is $29.26. The stock has a market cap of $6.46 billion, a PE ratio of 22.48 and a beta of 1.30.

About KraneShares CSI China Internet ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for KraneShares CSI China Internet ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares CSI China Internet ETF and related companies with MarketBeat.com's FREE daily email newsletter.