In trading on Wednesday, the KraneShares CSI China Internet ETF is outperforming other ETFs, up about 3.9% on the day. Components of that ETF showing particular strength include shares of Kanzhun Limited, up about 7% and shares of Full Truck Alliance, up about 5.8% on the day.
And underperforming other ETFs today is the Invesco Dorsey Wright Technology Momentum ETF, down about 4.8% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of Applied Optoelectronics, lower by about 11.7%, and shares of Sandisk, lower by about 11.7% on the day.
VIDEO: Wednesday’s ETF Movers: KWEB, PTF