Capital Market Strategies LLC Acquires 2,716 Shares of KraneShares China Internet and Covered Call Strategy ETF (NYSEARCA:KLIP)

Capital Market Strategies LLC lifted its holdings in shares of KraneShares China Internet and Covered Call Strategy ETF (NYSEARCA:KLIP) by 13.7% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,538 shares of the company’s stock after purchasing an additional 2,716 shares during the period. Capital Market Strategies LLC’s holdings in KraneShares China Internet and Covered Call Strategy ETF were worth $278,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in KLIP. AlphaStar Capital Management LLC boosted its position in shares of KraneShares China Internet and Covered Call Strategy ETF by 44.5% during the 2nd quarter. AlphaStar Capital Management LLC now owns 346,453 shares of the company’s stock valued at $4,462,000 after purchasing an additional 106,725 shares in the last quarter. B. Riley Wealth Advisors Inc. boosted its position in shares of KraneShares China Internet and Covered Call Strategy ETF by 56.4% during the 2nd quarter. B. Riley Wealth Advisors Inc. now owns 29,967 shares of the company’s stock valued at $386,000 after purchasing an additional 10,803 shares in the last quarter. Stegent Equity Advisors Inc. boosted its holdings in KraneShares China Internet and Covered Call Strategy ETF by 52.5% in the first quarter. Stegent Equity Advisors Inc. now owns 25,120 shares of the company’s stock worth $365,000 after acquiring an additional 8,645 shares in the last quarter. Daymark Wealth Partners LLC boosted its holdings in KraneShares China Internet and Covered Call Strategy ETF by 67.9% in the second quarter. Daymark Wealth Partners LLC now owns 17,836 shares of the company’s stock worth $230,000 after acquiring an additional 7,215 shares in the last quarter. Finally, Maltin Wealth Management Inc. boosted its holdings in KraneShares China Internet and Covered Call Strategy ETF by 36.7% in the first quarter. Maltin Wealth Management Inc. now owns 19,757 shares of the company’s stock worth $287,000 after acquiring an additional 5,309 shares in the last quarter.

KraneShares China Internet and Covered Call Strategy ETF Stock Performance

Shares of NYSEARCA:KLIP opened at $12.40 on Friday. The business’s 50 day simple moving average is $12.45 and its two-hundred day simple moving average is $13.60. The firm has a market cap of $153.76 million, a P/E ratio of 17.03 and a beta of 0.58. KraneShares China Internet and Covered Call Strategy ETF has a 52-week low of $11.83 and a 52-week high of $17.75.

KraneShares China Internet and Covered Call Strategy ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Monday, September 30th. Stockholders of record on Friday, September 27th were paid a $0.4015 dividend. The ex-dividend date was Friday, September 27th.

KraneShares China Internet and Covered Call Strategy ETF Company Profile

The KraneShares Trust – KraneShares China Internet and Covered Call Strategy ETF (KLIP) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund is a fund-of-fund that tracks an index of China-based internet stocks and sells one-month, at-the-money call options on the full amount of the portfolio.