KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) Shares Down 0% – Time to Sell?

Shares of KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) fell 0% during mid-day trading on Friday . The company traded as low as $20.92 and last traded at $20.96. 433 shares traded hands during trading, an increase of 18% from the average session volume of 367 shares. The stock had previously closed at $20.97.

KraneShares MSCI One Belt One Road ETF Stock Down 0.0 %

The company has a 50 day simple moving average of $22.04 and a 200 day simple moving average of $22.09. The company has a market capitalization of $4.19 million, a price-to-earnings ratio of 8.24 and a beta of 0.56.

Institutional Investors Weigh In On KraneShares MSCI One Belt One Road ETF

A hedge fund recently raised its stake in KraneShares MSCI One Belt One Road ETF stock. Jane Street Group LLC lifted its holdings in shares of KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) by 121.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,013 shares of the company’s stock after acquiring an additional 12,625 shares during the quarter. Jane Street Group LLC owned about 11.51% of KraneShares MSCI One Belt One Road ETF worth $533,000 as of its most recent filing with the Securities and Exchange Commission.

About KraneShares MSCI One Belt One Road ETF

The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.