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

KraneShares CSI China Internet ETF (NYSE:KWEB) saw some unusual options trading activity on Tuesday. Traders acquired 483,239 call options on the company. This is an increase of 108% compared to the typical volume of 232,800 call options.

Hedge Funds Weigh In On KraneShares CSI China Internet ETF

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

KraneShares CSI China Internet ETF Price Performance

NYSE:KWEB opened at $31.24 on Thursday. 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 of $30.03 and a two-hundred day moving average of $29.53.