Stock Traders Purchase High Volume of KraneShares CSI China Internet ETF Call Options (NYSE:KWEB)

KraneShares CSI China Internet ETF (NYSE:KWEB) was the recipient of unusually large options trading on Tuesday. Investors bought 229,959 call options on the company. This represents an increase of 67% compared to the typical volume of 137,990 call options.

Institutional Investors Weigh In On KraneShares CSI China Internet ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Harbor Investment Advisory LLC boosted its stake in KraneShares CSI China Internet ETF by 1,033.8% in the first quarter. Harbor Investment Advisory LLC now owns 873 shares of the company’s stock valued at $30,000 after acquiring an additional 796 shares during the last quarter. Park Square Financial Group LLC acquired a new position in shares of KraneShares CSI China Internet ETF in the 4th quarter valued at $35,000. Union Bancaire Privee UBP SA acquired a new position in shares of KraneShares CSI China Internet ETF in the 1st quarter valued at $35,000. Edmond DE Rothschild Holding S.A. boosted its position in shares of KraneShares CSI China Internet ETF by 179.2% in the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 1,340 shares of the company’s stock worth $47,000 after purchasing an additional 860 shares during the last quarter. Finally, CWM LLC grew its stake in shares of KraneShares CSI China Internet ETF by 146,000.0% during the first quarter. CWM LLC now owns 1,461 shares of the company’s stock worth $51,000 after purchasing an additional 1,460 shares during the period.

KraneShares CSI China Internet ETF Price Performance

Shares of NYSE:KWEB opened at $35.64 on Wednesday. KraneShares CSI China Internet ETF has a 1-year low of $24.68 and a 1-year high of $39.17. The business has a 50-day moving average price of $34.08 and a two-hundred day moving average price of $33.02.