- CEO
- Jonathan Krane
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 280 Park Avenue, 32nd Floor New York NY United States of America 10017
- IPO Date
- Jul 15, 2026
- Business
- KraneShares Photonic and Optical ETF (LUMA) is an exchange-traded fund that focuses on globally diversified equity exposure to companies active in photonics, optics, and related technology sectors, aiming to capture secular growth in light-based technologies used across communications, data processing, sensing, medical devices, and industrial applications. The fund seeks to provide traders and investors with liquid access to a curated basket of issuers whose core businesses encompass photonics-enabled products and services, including semiconductor lithography components, laser systems, optical communications hardware, imaging sensors, optical coatings, and related research and development initiatives.
Main products and services
- Investment vehicle: LUMA ETF listed on major exchanges; exposure to photonics and optics through a diversified, rules-based index methodology
- Index methodology and component selection: rules-based universe construction focusing on companies with material revenues or primary businesses in photonics and optical technologies; ongoing reconstitution and quarterly rebalancing
- Benchmarking and analytics: performance measurement, attribution reporting, and sector/industry breakdowns for portfolio transparency
- Trading and execution services: standard ETF liquidity features including intraday trading, publishable indicative value, and competitive bid-ask spreads
- Ancillary data and research offerings: access to fund-specific disclosures, holdings transparency, and periodic investor communications
Latest major company changes
- Strategic partnerships and alliances: collaborations announced to enhance index construction methodologies and expand eligible security coverage in light-based technology segments
- Fund-level developments: periodic rebalancing and potential adjustments to sector weights based on evolving photonics market dynamics
- Product/offerings expansions: potential launches of related thematic wrappers or companion products aligned with photonics and optical innovation
- Corporate actions and governance: ongoing alignment with regulatory, disclosure, and governance standards for listed ETFs; potential organizational refinements to support product governance
Industry context and market positioning
- Industry and business segments: photonics and optics across communications infrastructure, data centers, sensing and imaging, manufacturing automation, medical devices, and defense/aerospace applications
- Target markets and customer types: institutional and individual investors seeking thematic exposure to light-based technologies; asset owners seeking diversification within a single thematic ticket
- Geographic scope: globally diversified exposure with underlying constituents headquartered and operating in multiple regions, including North America, Europe, and Asia
- Founding year and headquarters: (KraneShares) established provider of thematic exchange-traded funds; headquarters located in the United States
- Subsidiaries and parent relationships: operates as a standalone ETF sponsor within the KraneShares family of thematic funds
Additional context
- Investment objective and risk profile: thematic exposure to photonics and optical technologies entails concentration risk within a specialized sector; potential growth anchored in ongoing adoption of laser, imaging, sensing, and optical communication innovations
- Regulatory and disclosure framework: fund adheres to standard ETF disclosure requirements, including holdings transparency and periodic reporting to investors and regulators
- Competitive landscape: positioned among other thematic ETF providers offering technology-enabled and science-driven exposure, with differentiation through explicit focus on photonics and optics
Note: The description above reflects current publicly available information and intended positioning as a financial data provider-style corporate profile. For the most precise and up-to-date details, refer to the issuer’s official materials and latest fund disclosures.