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

KraneShares CSI China Internet ETF (NYSE:KWEB) was the target of some unusual options trading activity on Tuesday. Traders acquired 483,239 call options on the company. This is an increase of approximately 108% compared to the average volume of 232,800 call options.

KraneShares CSI China Internet ETF Price Performance

NYSE KWEB opened at $31.57 on Wednesday. The company’s 50-day simple moving average is $30.03 and its 200 day simple moving average is $29.52. KraneShares CSI China Internet ETF has a twelve month low of $22.98 and a twelve month high of $39.17.

Institutional Trading of KraneShares CSI China Internet ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB increased its stake in 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 valued at $25,000 after acquiring an additional 700 shares during the period. M&R Capital Management Inc. bought a new stake in KraneShares CSI China Internet ETF during the third quarter worth about $34,000. Mather Group LLC. grew its stake in KraneShares CSI China Internet ETF by 63.8% during the third 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. Oakworth Capital Inc. bought a new stake in KraneShares CSI China Internet ETF during the fourth quarter worth about $78,000. Finally, FMR LLC grew its stake in KraneShares CSI China Internet ETF by 51.1% during the third quarter. FMR LLC now owns 3,409 shares of the company’s stock worth $116,000 after buying an additional 1,153 shares during the last quarter.