QRAFT AI-Enhanced U.S. Large Cap ETF Target of Unusually High Options Trading (NYSEARCA:QRFT)

QRAFT AI-Enhanced U.S. Large Cap ETF (NYSEARCA:QRFT) saw some unusual options trading activity on Wednesday. Traders purchased 14,648 call options on the company. This represents an increase of 1,340% compared to the typical daily volume of 1,017 call options.

QRAFT AI-Enhanced U.S. Large Cap ETF Stock Down 0.2%

NYSEARCA QRFT opened at $56.93 on Thursday. QRAFT AI-Enhanced U.S. Large Cap ETF has a 12-month low of $44.00 and a 12-month high of $57.90. The firm’s 50 day moving average is $55.04 and its 200-day moving average is $53.38. The company has a market capitalization of $14.23 million, a PE ratio of 26.35 and a beta of 1.00.

Hedge Funds Weigh In On QRAFT AI-Enhanced U.S. Large Cap ETF

Several hedge funds have recently bought and sold shares of the company. World Equity Group Inc. grew its holdings in QRAFT AI-Enhanced U.S. Large Cap ETF by 37.0% during the 1st quarter. World Equity Group Inc. now owns 15,809 shares of the company’s stock worth $809,000 after acquiring an additional 4,272 shares during the last quarter. Jane Street Group LLC bought a new stake in shares of QRAFT AI-Enhanced U.S. Large Cap ETF in the 1st quarter valued at $818,000. Finally, Prostatis Group LLC boosted its stake in shares of QRAFT AI-Enhanced U.S. Large Cap ETF by 84.9% in the 1st quarter. Prostatis Group LLC now owns 230,497 shares of the company’s stock valued at $11,795,000 after purchasing an additional 105,808 shares during the last quarter.

About QRAFT AI-Enhanced U.S. Large Cap ETF

The QRAFT AI-Enhanced U.S. Large Cap ETF (QRFT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively-managed portfolio of large-cap US equities chosen with the aid of artificial intelligence. QRFT was launched on May 21, 2019 and is managed by QRAFT.