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

KraneShares CSI China Internet ETF (NYSE:KWEB) was the target of unusually large options trading on Monday. Stock investors purchased 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.

Hedge Funds Weigh In On KraneShares CSI China Internet ETF

A number of institutional investors have recently added to or reduced their stakes in the business. Clal Insurance Enterprises Holdings Ltd bought a new position in KraneShares CSI China Internet ETF in the third quarter valued at $282,366,000. Temasek Holdings Private Ltd boosted its holdings in shares of KraneShares CSI China Internet ETF by 25.7% in the 3rd quarter. Temasek Holdings Private Ltd now owns 2,793,900 shares of the company’s stock worth $95,048,000 after purchasing an additional 572,100 shares in the last quarter. Mount Lucas Management LP increased its position in shares of KraneShares CSI China Internet ETF by 136.8% during the 3rd quarter. Mount Lucas Management LP now owns 1,385,000 shares of the company’s stock valued at $47,118,000 after purchasing an additional 800,000 shares during the last quarter. Coalescence Partners Investment Management LP purchased a new position in shares of KraneShares CSI China Internet ETF during the 3rd quarter valued at about $47,048,000. Finally, SG Americas Securities LLC lifted its position in KraneShares CSI China Internet ETF by 739.8% in the 3rd quarter. SG Americas Securities LLC now owns 940,092 shares of the company’s stock worth $31,982,000 after buying an additional 828,151 shares during the last quarter.

KraneShares CSI China Internet ETF Trading Up 10.0 %

NYSE KWEB opened at $34.21 on Tuesday. The company’s 50 day simple moving average is $32.54 and its two-hundred day simple moving average is $29.26. KraneShares CSI China Internet ETF has a 1 year low of $22.68 and a 1 year high of $39.17.