KraneShares Launches Photonic & Optical ETF (NYSE: LUMA)

KraneShares launched the KraneShares Photonic and Optical ETF (LUMA) on the NYSE, providing listed access to photonic/optical technology strategies. No performance, flows, or expense ratio details were provided in the announcement, so the market impact is expected to be limited near term.

Analysis

KraneShares launched the KraneShares Photonic and Optical ETF (LUMA) on the NYSE, providing listed access to photonic/optical technology strategies. No performance, flows, or expense ratio details were provided in the announcement, so the market impact is expected to be limited near term.