KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Trading 0.4% Higher

Shares of KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) rose 0.4% on Friday . The company traded as high as $25.00 and last traded at $25.00. Approximately 1,782 shares traded hands during trading, a decline of 68% from the average daily volume of 5,549 shares. The stock had previously closed at $24.90.

KraneShares Asia Pacific High Income Bond ETF Stock Performance

The stock has a 50 day moving average of $24.93 and a 200-day moving average of $24.78.

Institutional Investors Weigh In On KraneShares Asia Pacific High Income Bond ETF

An institutional investor recently bought a new position in KraneShares Asia Pacific High Income Bond ETF stock. LifePro Asset Management bought a new position in KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 91,756 shares of the company’s stock, valued at approximately $2,267,000. KraneShares Asia Pacific High Income Bond ETF comprises about 1.6% of LifePro Asset Management’s investment portfolio, making the stock its 21st biggest holding. LifePro Asset Management owned about 18.35% of KraneShares Asia Pacific High Income Bond ETF at the end of the most recent reporting period.

About KraneShares Asia Pacific High Income Bond ETF

The KraneShares Asia Pacific High Income Bond ETF (KHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to primarily high-yield bonds from the Asia-Pacific. KHYB was launched on Jun 26, 2018 and is managed by KraneShares.