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

KraneShares CSI China Internet ETF (NYSE:KWEB) was the recipient of unusually large options trading on Thursday. Stock traders purchased 285,257 call options on the stock. This represents an increase of approximately 36% compared to the typical volume of 210,264 call options.

KraneShares CSI China Internet ETF Price Performance

NYSE KWEB opened at $36.92 on Friday. KraneShares CSI China Internet ETF has a 12 month low of $24.63 and a 12 month high of $39.17. The stock’s 50 day moving average is $31.68 and its 200 day moving average is $30.85.

Institutional Investors Weigh In On KraneShares CSI China Internet ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Cresset Asset Management LLC boosted its position in shares of KraneShares CSI China Internet ETF by 1.0% during the fourth quarter. Cresset Asset Management LLC now owns 38,929 shares of the company’s stock worth $1,138,000 after acquiring an additional 372 shares during the last quarter. SkyOak Wealth LLC lifted its stake in KraneShares CSI China Internet ETF by 5.0% in the 4th quarter. SkyOak Wealth LLC now owns 10,952 shares of the company’s stock worth $320,000 after purchasing an additional 519 shares in the last quarter. Wilmington Savings Fund Society FSB lifted its stake in KraneShares CSI China Internet ETF by 466.7% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 850 shares of the company’s stock worth $25,000 after purchasing an additional 700 shares in the last quarter. Atria Investments Inc boosted its holdings in shares of KraneShares CSI China Internet ETF by 9.4% during the 3rd quarter. Atria Investments Inc now owns 10,823 shares of the company’s stock valued at $368,000 after purchasing an additional 926 shares during the last quarter. Finally, Ieq Capital LLC grew its position in shares of KraneShares CSI China Internet ETF by 11.8% during the fourth quarter. Ieq Capital LLC now owns 9,230 shares of the company’s stock valued at $270,000 after purchasing an additional 977 shares in the last quarter.