JAKOTA K-Pop and Korean Entertainment ETF (NYSEARCA:KPOP) Stock Crosses Above Fifty Day Moving Average – Here’s Why

JAKOTA K-Pop and Korean Entertainment ETF (NYSEARCA:KPOPGet Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of $13.18 and traded as high as $14.84. JAKOTA K-Pop and Korean Entertainment ETF shares last traded at $14.75, with a volume of 389 shares traded.

JAKOTA K-Pop and Korean Entertainment ETF Stock Up 2.4 %

The firm has a market cap of $2.51 million, a P/E ratio of 16.29 and a beta of 1.33. The company’s 50 day simple moving average is $13.18 and its 200-day simple moving average is $13.63.

JAKOTA K-Pop and Korean Entertainment ETF Company Profile

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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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