Cambridge Investment Research Advisors Inc. boosted its holdings in KraneShares Electric Vehicles and Future Mobility Index ETF (NYSEARCA:KARS – Free Report) by 17.4% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 14,182 shares of the company’s stock after purchasing an additional 2,103 shares during the period. Cambridge Investment Research Advisors Inc. owned about 0.48% of KraneShares Electric Vehicles and Future Mobility Index ETF worth $301,000 as of its most recent SEC filing.
Separately, GTS Securities LLC bought a new position in shares of KraneShares Electric Vehicles and Future Mobility Index ETF during the 4th quarter valued at about $372,000.
KraneShares Electric Vehicles and Future Mobility Index ETF Price Performance
Shares of KARS stock opened at $22.89 on Friday. The stock has a market capitalization of $64.09 million, a PE ratio of 17.78 and a beta of 1.27. KraneShares Electric Vehicles and Future Mobility Index ETF has a 1-year low of $17.44 and a 1-year high of $25.25. The business has a 50-day moving average of $21.61 and a 200 day moving average of $21.35.
About KraneShares Electric Vehicles and Future Mobility Index ETF
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.
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