KraneShares CSI China Internet ETF Sees Unusually Large Options Volume (NYSE:KWEB)

KraneShares CSI China Internet ETF (NYSE:KWEB) was the target of unusually large options trading on Friday. Stock investors acquired 234,845 call options on the company. This represents an increase of approximately 27% compared to the typical daily volume of 184,782 call options.

KraneShares CSI China Internet ETF Stock Performance

Shares of NYSE KWEB opened at $32.00 on Friday. The firm has a 50 day moving average price of $31.02. KraneShares CSI China Internet ETF has a 52 week low of $22.68 and a 52 week high of $39.17.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. International Assets Investment Management LLC acquired a new position in shares of KraneShares CSI China Internet ETF during the 2nd quarter worth approximately $31,000. Mather Group LLC. raised its stake in shares of KraneShares CSI China Internet ETF by 243.9% during the 2nd quarter. Mather Group LLC. now owns 1,221 shares of the company’s stock worth $32,000 after buying an additional 866 shares during the period. M&R Capital Management Inc. acquired a new position in shares of KraneShares CSI China Internet ETF during the 3rd quarter worth approximately $34,000. Friedenthal Financial acquired a new position in shares of KraneShares CSI China Internet ETF during the 2nd quarter worth approximately $119,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of KraneShares CSI China Internet ETF by 91,900.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,600 shares of the company’s stock worth $128,000 after buying an additional 4,595 shares during the period.