Envestnet Asset Management Inc. Grows Position in KraneShares Bosera MSCI China A 50 Connect Index ETF $KBA

Envestnet Asset Management Inc. raised its holdings in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) by 171.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,418 shares of the company’s stock after buying an additional 60,267 shares during the period. Envestnet Asset Management Inc. owned about 1.19% of KraneShares Bosera MSCI China A 50 Connect Index ETF worth $2,869,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Mutual Advisors LLC bought a new position in KraneShares Bosera MSCI China A 50 Connect Index ETF in the third quarter worth approximately $259,000. B. Riley Wealth Advisors Inc. acquired a new stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF during the third quarter worth $784,000. Griffin Asset Management Inc. purchased a new stake in KraneShares Bosera MSCI China A 50 Connect Index ETF during the 3rd quarter valued at about $268,000. Future Financial Wealth Managment LLC acquired a new position in KraneShares Bosera MSCI China A 50 Connect Index ETF in the 3rd quarter worth approximately $30,000. Finally, Corient Private Wealth LLC purchased a new position in KraneShares Bosera MSCI China A 50 Connect Index ETF during the 2nd quarter worth approximately $268,000.

KraneShares Bosera MSCI China A 50 Connect Index ETF Price Performance

KBA stock opened at $31.08 on Thursday. The company has a market capitalization of $214.45 million, a P/E ratio of 13.75 and a beta of 0.10. KraneShares Bosera MSCI China A 50 Connect Index ETF has a 12 month low of $20.70 and a 12 month high of $31.94. The firm’s fifty day simple moving average is $30.95 and its 200-day simple moving average is $30.01.

KraneShares Bosera MSCI China A 50 Connect Index ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Tuesday, December 23rd. Shareholders of record on Monday, December 22nd were given a dividend of $0.4832 per share. This represents a yield of 158.0%. The ex-dividend date of this dividend was Monday, December 22nd.

About KraneShares Bosera MSCI China A 50 Connect Index ETF

The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that is based on the MSCI China A 50 Connect index. The fund tracks a subset of market cap-weighted large- and mid-cap Chinese equities listed in Shanghai and Shenzhen. KBA was launched on Mar 5, 2014 and is managed by KraneShares.