New LUMA ETF Charges 0.64% to Give You Diversified Photonics Exposure
KraneShares launched the KraneShares Photonic and Optical ETF (LUMA) on NYSE Arca, targeting photonics and optical technology firms. The fund charges a 0.99% management fee, with a 0.35% waiver to bring net costs to about 0.64%. LUMA closed at $22.04 on July 16, 2026, after falling about 7% in its first two sessions.