KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) Trading 0% Higher – Time to Buy?

KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR)’s share price were up 0% during trading on Monday . The stock traded as high as $21.34 and last traded at $21.32. Approximately 737 shares traded hands during trading, an increase of 3% from the average daily volume of 715 shares. The stock had previously closed at $21.31.

KraneShares MSCI One Belt One Road ETF Stock Up 0.4 %

The company has a fifty day simple moving average of $21.51 and a two-hundred day simple moving average of $21.99. The stock has a market capitalization of $4.26 million, a P/E ratio of 8.24 and a beta of 0.56.

Institutional Inflows and Outflows

An institutional investor recently raised its position in KraneShares MSCI One Belt One Road ETF stock. Jane Street Group LLC increased its stake in shares of KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) by 121.5% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 23,013 shares of the company’s stock after acquiring an additional 12,625 shares during the period. 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 SEC.

KraneShares MSCI One Belt One Road ETF Company Profile

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.