JAKOTA K-Pop and Korean Entertainment ETF (NYSEARCA:KPOP) Trading Down 1.6% – Here’s Why

JAKOTA K-Pop and Korean Entertainment ETF (NYSEARCA:KPOPGet Free Report) shares fell 1.6% on Friday . The stock traded as low as $12.42 and last traded at $12.42. 137 shares were traded during mid-day trading, a decline of 60% from the average session volume of 340 shares. The stock had previously closed at $12.62.

JAKOTA K-Pop and Korean Entertainment ETF Price Performance

The stock’s 50-day moving average is $13.47 and its 200 day moving average is $13.27. The company has a market cap of $2.11 million, a PE ratio of 16.29 and a beta of 1.33.

JAKOTA K-Pop and Korean Entertainment ETF Company Profile

(Get Free Report)

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.

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