KraneShares Hang Seng TECH Index ETF (KTEC)
KraneShares Hang Seng TECH Index ETF operates in the Asset Management - Global industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $13.29, down 1.34% on the session, giving a market capitalisation of $48.2M. On trailing twelve-month figures it carries a trailing P/E of 21.10, a net margin of 2.9%. Its beta of 0.79 implies it has historically moved less than the broad market.
Under normal market conditions, this fund allocates a minimum of 80% of its net assets to securities that either constitute its underlying benchmark index or exhibit comparable economic attributes. That index tracks the stock performance of the thirty largest technology corporations, based on their free-float market capitalization, which are publicly traded on the Hong Kong Stock Exchange. These companies demonstrate significant involvement in the internet, financial technology (fintech), cloud computing, e-commerce, and other digital technology sectors. This investment vehicle is designated as non-diversified.
KraneShares Hang Seng TECH Index ETF is most often compared with the following Financial Services names: