KraneShares MSCI Emerging Markets ex China Index ETF Declares Annual Dividend of $0.04 (NYSEARCA:KEMX)

KraneShares MSCI Emerging Markets ex China Index ETF (NYSEARCA:KEMX) declared an annual dividend on Monday, December 29th. Stockholders of record on Tuesday, December 30th will be given a dividend of 0.0418 per share on Wednesday, December 31st. This represents a dividend yield of 11.0%. The ex-dividend date of this dividend is Tuesday, December 30th.

KraneShares MSCI Emerging Markets ex China Index ETF Price Performance

Shares of KEMX stock traded up $0.29 on Tuesday, hitting $37.19. 2,634 shares of the company’s stock were exchanged, compared to its average volume of 8,955. The company has a 50 day moving average of $36.72 and a 200 day moving average of $34.47. The stock has a market cap of $70.65 million, a P/E ratio of 14.81 and a beta of 0.82. KraneShares MSCI Emerging Markets ex China Index ETF has a 12 month low of $23.79 and a 12 month high of $37.60.

Hedge Funds Weigh In On KraneShares MSCI Emerging Markets ex China Index ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in KEMX. IFP Advisors Inc grew its stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF by 31.7% during the third quarter. IFP Advisors Inc now owns 1,840 shares of the company’s stock worth $64,000 after buying an additional 443 shares during the last quarter. Susquehanna International Group LLP acquired a new stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF during the 3rd quarter valued at $248,000. SFG Wealth Management LLC. bought a new position in KraneShares MSCI Emerging Markets ex China Index ETF in the third quarter valued at about $377,000. FAS Wealth Partners Inc. boosted its stake in shares of KraneShares MSCI Emerging Markets ex China Index ETF by 0.6% during the third quarter. FAS Wealth Partners Inc. now owns 447,175 shares of the company’s stock valued at $15,475,000 after purchasing an additional 2,605 shares in the last quarter. Finally, Atwood & Palmer Inc. grew its holdings in shares of KraneShares MSCI Emerging Markets ex China Index ETF by 1,852.1% during the third quarter. Atwood & Palmer Inc. now owns 2,284 shares of the company’s stock worth $79,000 after purchasing an additional 2,167 shares during the last quarter.

About KraneShares MSCI Emerging Markets ex China Index ETF

The KraneShares MSCI Emerging Markets ex China Index ETF (KEMX) is an exchange-traded fund that is based on the MSCI Emerging Markets ex China index. The fund tracks the investment results of an index focused on large-cap and mid-cap companies within emerging market countries, excluding China. KEMX was launched on Apr 12, 2019 and is managed by KraneShares.