KraneShares CSI China Internet ETF (NYSE:KWEB – Get Free Report) was the target of some unusual options trading on Monday. Stock traders acquired 128,541 call options on the company. This represents an increase of approximately 48% compared to the average daily volume of 86,993 call options.
Hedge Funds Weigh In On KraneShares CSI China Internet ETF
Institutional investors have recently made changes to their positions in the company. DRW Securities LLC acquired a new position in shares of KraneShares CSI China Internet ETF in the second quarter worth about $19,691,000. National Bank of Canada FI raised its holdings in KraneShares CSI China Internet ETF by 117.4% in the 2nd quarter. National Bank of Canada FI now owns 700,683 shares of the company’s stock worth $18,988,000 after purchasing an additional 378,433 shares during the period. Caxton Associates LP acquired a new position in KraneShares CSI China Internet ETF in the 2nd quarter worth about $7,008,000. Northwestern Mutual Wealth Management Co. boosted its position in KraneShares CSI China Internet ETF by 5.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 198,556 shares of the company’s stock worth $5,365,000 after purchasing an additional 9,635 shares in the last quarter. Finally, Pekin Hardy Strauss Inc. grew its holdings in KraneShares CSI China Internet ETF by 126.1% in the second quarter. Pekin Hardy Strauss Inc. now owns 162,270 shares of the company’s stock valued at $4,385,000 after purchasing an additional 90,505 shares during the period.
KraneShares CSI China Internet ETF Price Performance
Shares of NYSE:KWEB opened at $26.16 on Wednesday. KraneShares CSI China Internet ETF has a 12-month low of $22.68 and a 12-month high of $32.63. The firm has a 50 day moving average of $27.33.
Featured Stories
- Five stocks we like better than KraneShares CSI China Internet ETF
- High Dividend REITs: Are They an Ideal Way to Diversify?
- Columbia Sportswear: A Turnaround Story That’s Gaining Ground
- Do ETFs Pay Dividends? What You Need to Know
- Lowe’s Stock: Hold Now, Buy it When it Dips
- What Investors Need to Know About Upcoming IPOs
- ZIM Shipping Stock Soars as the Industry Shows a Bottoming Trend
Receive News & Ratings for KraneShares CSI China Internet ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares CSI China Internet ETF and related companies with MarketBeat.com's FREE daily email newsletter.