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

KraneShares CSI China Internet ETF (NYSE:KWEB) was the recipient of unusually large options trading on Thursday. Traders bought 285,257 call options on the stock. This represents an increase of 36% compared to the average daily volume of 210,264 call options.

KraneShares CSI China Internet ETF Stock Up 0.7 %

Shares of KraneShares CSI China Internet ETF stock opened at $36.92 on Friday. The stock’s fifty day moving average is $31.68 and its 200 day moving average is $30.85. KraneShares CSI China Internet ETF has a one year low of $24.63 and a one year high of $39.17.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Cresset Asset Management LLC increased its holdings in KraneShares CSI China Internet ETF by 1.0% in the 4th quarter. Cresset Asset Management LLC now owns 38,929 shares of the company’s stock worth $1,138,000 after acquiring an additional 372 shares in the last quarter. SkyOak Wealth LLC boosted its position in shares of KraneShares CSI China Internet ETF by 5.0% in the fourth quarter. SkyOak Wealth LLC now owns 10,952 shares of the company’s stock worth $320,000 after purchasing an additional 519 shares during the period. Wilmington Savings Fund Society FSB increased its stake in shares of KraneShares CSI China Internet ETF by 466.7% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 850 shares of the company’s stock worth $25,000 after purchasing an additional 700 shares in the last quarter. Atria Investments Inc raised its position in shares of KraneShares CSI China Internet ETF by 9.4% during the 3rd quarter. Atria Investments Inc now owns 10,823 shares of the company’s stock valued at $368,000 after purchasing an additional 926 shares during the period. Finally, Ieq Capital LLC lifted its stake in shares of KraneShares CSI China Internet ETF by 11.8% during the 4th quarter. Ieq Capital LLC now owns 9,230 shares of the company’s stock valued at $270,000 after buying an additional 977 shares in the last quarter.