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

KraneShares CSI China Internet ETF (NYSE:KWEB) was the recipient of some unusual options trading activity on Monday. Investors acquired 235,257 call options on the company. This is an increase of approximately 16% compared to the typical daily volume of 202,959 call options.

Institutional Trading of KraneShares CSI China Internet ETF

A number of hedge funds and other institutional investors have recently modified their holdings of KWEB. International Assets Investment Management LLC purchased a new stake in KraneShares CSI China Internet ETF in the second quarter worth about $31,000. M&R Capital Management Inc. bought a new stake in shares of KraneShares CSI China Internet ETF in the 3rd quarter worth approximately $34,000. Mather Group LLC. grew its stake 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 worth $68,000 after buying an additional 779 shares during the last quarter. FMR LLC increased its position in KraneShares CSI China Internet ETF by 51.1% during the 3rd quarter. FMR LLC now owns 3,409 shares of the company’s stock valued at $116,000 after buying an additional 1,153 shares in the last quarter. Finally, Friedenthal Financial purchased a new position in KraneShares CSI China Internet ETF during the second quarter valued at $119,000.

KraneShares CSI China Internet ETF Price Performance

Shares of NYSE:KWEB opened at $34.21 on Tuesday. KraneShares CSI China Internet ETF has a 52-week low of $22.68 and a 52-week high of $39.17. The stock has a 50 day moving average price of $32.54 and a 200-day moving average price of $29.26.