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PIEQ

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Analysis and statistics

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About

PIEQ.US is the ticker symbol for the KraneShares SSE STAR Market 50 Index ETF. This ETF aims to track the performance of the SSE STAR Market 50 Index, which represents 50 of the largest and most liquid companies listed on the Shanghai Stock Exchange (SSE) STAR Market, a board focused on innovative and high-growth companies in China.
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Factors

Underlying Index Performance: PIEQ.US mirrors the performance of its underlying index. Thus, the index's movements directly influence the ETF's price.

Supply and Demand: Like any security, the balance between buyers and sellers impacts PIEQ.US. Higher demand pushes the price up, while increased selling pressure lowers it.

Net Asset Value (NAV): The NAV represents the per-share value of the ETF's holdings. A significant divergence between the ETF price and its NAV can create arbitrage opportunities, influencing the price.

Expense Ratio: While not directly influencing the daily price, the expense ratio impacts the long-term returns and attractiveness of PIEQ.US, indirectly affecting its price over time.

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