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 on Monday. Stock traders purchased 162,899 call options on the company. This represents an increase of 23% compared to the average daily volume of 132,618 call options.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Matauro LLC grew its stake in shares of KraneShares CSI China Internet ETF by 12.4% during the 3rd quarter. Matauro LLC now owns 94,143 shares of the company’s stock valued at $3,955,000 after acquiring an additional 10,380 shares during the period. U.S. Capital Wealth Advisors LLC grew its stake in shares of KraneShares CSI China Internet ETF by 2.1% during the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 190,518 shares of the company’s stock valued at $8,004,000 after acquiring an additional 3,897 shares during the period. Fiduciary Alliance LLC grew its stake in shares of KraneShares CSI China Internet ETF by 12.1% during the 3rd quarter. Fiduciary Alliance LLC now owns 52,584 shares of the company’s stock valued at $2,209,000 after acquiring an additional 5,686 shares during the period. Momentum Wealth Planning LLC bought a new position in shares of KraneShares CSI China Internet ETF during the 2nd quarter valued at approximately $3,775,000. Finally, Osaic Holdings Inc. grew its stake in shares of KraneShares CSI China Internet ETF by 8.4% during the 2nd quarter. Osaic Holdings Inc. now owns 40,308 shares of the company’s stock valued at $1,384,000 after acquiring an additional 3,135 shares during the period.

KraneShares CSI China Internet ETF Trading Up 3.7%

Shares of NYSE:KWEB opened at $39.86 on Tuesday. The stock has a 50 day moving average of $39.39 and a 200 day moving average of $35.61. KraneShares CSI China Internet ETF has a 12-month low of $27.27 and a 12-month high of $43.37.