KraneShares CSI China Internet ETF Target of Unusually Large Options Trading (NYSE:KWEB)

KraneShares CSI China Internet ETF (NYSE:KWEB) was the target of unusually large options trading on Tuesday. Stock traders bought 483,239 call options on the company. This represents an increase of 108% compared to the typical daily volume of 232,800 call options.

Institutional Investors Weigh In On KraneShares CSI China Internet ETF

Several large investors have recently modified their holdings of the business. Wilmington Savings Fund Society FSB raised its holdings in shares of KraneShares CSI China Internet ETF by 466.7% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 850 shares of the company’s stock valued at $25,000 after purchasing an additional 700 shares during the last quarter. M&R Capital Management Inc. acquired a new position in shares of KraneShares CSI China Internet ETF during the 3rd quarter worth about $34,000. Mather Group LLC. grew its holdings in shares of KraneShares CSI China Internet ETF by 63.8% in the 3rd quarter. Mather Group LLC. now owns 2,000 shares of the company’s stock valued at $68,000 after acquiring an additional 779 shares in the last quarter. Oakworth Capital Inc. bought a new position in shares of KraneShares CSI China Internet ETF in the 4th quarter valued at about $78,000. Finally, FMR LLC increased its position in shares of KraneShares CSI China Internet ETF by 51.1% in the third quarter. FMR LLC now owns 3,409 shares of the company’s stock valued at $116,000 after acquiring an additional 1,153 shares during the last quarter.

KraneShares CSI China Internet ETF Stock Up 2.5 %

Shares of NYSE:KWEB traded up $0.76 during trading on Tuesday, hitting $31.57. 36,378,157 shares of the company’s stock were exchanged, compared to its average volume of 18,752,672. KraneShares CSI China Internet ETF has a 1-year low of $22.98 and a 1-year high of $39.17. The firm has a 50-day moving average price of $30.01 and a two-hundred day moving average price of $29.49.