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

KraneShares CSI China Internet ETF (NYSE:KWEB) was the recipient of some unusual options trading activity on Wednesday. Traders purchased 185,947 call options on the company. Thisisanincreaseof41% compared to the average daily volume of 132,096 call options.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Cetera Investment Advisers raised its holdings in shares of KraneShares CSI China Internet ETF by 0.7% during the first quarter. Cetera Investment Advisers now owns 41,257 shares of the company’s stock valued at $1,440,000 after acquiring an additional 299 shares during the period. Viewpoint Capital Management LLC raised its holdings in shares of KraneShares CSI China Internet ETF by 0.3% during the second quarter. Viewpoint Capital Management LLC now owns 108,476 shares of the company’s stock valued at $3,724,000 after acquiring an additional 320 shares during the period. Cresset Asset Management LLC increased its stake in KraneShares CSI China Internet ETF by 1.0% in the 4th quarter. Cresset Asset Management LLC now owns 38,929 shares of the company’s stock valued at $1,138,000 after buying an additional 372 shares during the period. World Investment Advisors increased its stake in KraneShares CSI China Internet ETF by 1.0% in the 1st quarter. World Investment Advisors now owns 41,625 shares of the company’s stock valued at $1,453,000 after buying an additional 424 shares during the period. Finally, Magnus Financial Group LLC increased its stake in KraneShares CSI China Internet ETF by 3.2% in the 2nd quarter. Magnus Financial Group LLC now owns 15,303 shares of the company’s stock valued at $525,000 after buying an additional 477 shares during the period.

KraneShares CSI China Internet ETF Price Performance

KraneShares CSI China Internet ETF stock opened at $36.62 on Friday. The firm has a 50-day moving average price of $35.02 and a two-hundred day moving average price of $34.06. KraneShares CSI China Internet ETF has a 52-week low of $24.68 and a 52-week high of $39.17.