JAKOTA K-Pop and Korean Entertainment ETF (NYSEARCA:KPOP) Shares Down 0.4% – Here’s Why

JAKOTA K-Pop and Korean Entertainment ETF (NYSEARCA:KPOP)’s stock price dropped 0.4% during mid-day trading on Thursday . The stock traded as low as $13.83 and last traded at $13.83. Approximately 3,345 shares traded hands during trading, an increase of 254% from the average daily volume of 945 shares. The stock had previously closed at $13.88.

JAKOTA K-Pop and Korean Entertainment ETF Stock Down 0.4%

The business has a 50 day moving average price of $13.83 and a 200 day moving average price of $13.83. The stock has a market cap of $1.38 million, a P/E ratio of 17.93 and a beta of 1.21.

JAKOTA K-Pop and Korean Entertainment ETF Company Profile

The KPOP and Korean Entertainment ETF (KPOP) is an exchange-traded fund that is based on the KPOP index. The fund tracks a market cap-weighted index of Korea-listed stocks that are engaged in the entertainment and interactive media & services industries. KPOP was launched on Aug 31, 2022 and is managed by KP Funds.