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

KraneShares CSI China Internet ETF (NYSE:KWEB) saw unusually large options trading on Tuesday. Investors acquired 483,239 call options on the company. This represents an increase of approximately 108% compared to the typical daily volume of 232,800 call options.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in KWEB. Wilmington Savings Fund Society FSB raised its holdings in shares of KraneShares CSI China Internet ETF by 466.7% during the 4th quarter. Wilmington Savings Fund Society FSB now owns 850 shares of the company’s stock worth $25,000 after buying an additional 700 shares in the last quarter. M&R Capital Management Inc. bought a new position in KraneShares CSI China Internet ETF in the 3rd quarter valued at approximately $34,000. Mather Group LLC. boosted its position in KraneShares CSI China Internet ETF by 63.8% in the third quarter. Mather Group LLC. now owns 2,000 shares of the company’s stock valued at $68,000 after buying an additional 779 shares in the last quarter. Oakworth Capital Inc. bought a new stake in shares of KraneShares CSI China Internet ETF during the fourth quarter worth $78,000. Finally, FMR LLC increased its holdings in shares of 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 in the last quarter.

KraneShares CSI China Internet ETF Stock Up 2.5 %

Shares of KWEB traded up $0.76 during midday trading on Tuesday, reaching $31.57. 36,378,157 shares of the stock were exchanged, compared to its average volume of 18,752,672. KraneShares CSI China Internet ETF has a twelve month low of $22.98 and a twelve month high of $39.17. The stock’s 50 day simple moving average is $30.01 and its 200 day simple moving average is $29.49.