Investors Buy Large Volume of Call Options on KraneShares CSI China Internet ETF (NYSE:KWEB)

KraneShares CSI China Internet ETF (NYSE:KWEB) was the target of some unusual options trading on Thursday. Stock traders purchased 214,131 call options on the company. This is an increase of approximately 48% compared to the typical daily volume of 144,545 call options.

Hedge Funds Weigh In On KraneShares CSI China Internet ETF

Institutional investors have recently added to or reduced their stakes in the company. Quaker Wealth Management LLC increased its holdings in KraneShares CSI China Internet ETF by 200.0% during the second quarter. Quaker Wealth Management LLC now owns 1,000 shares of the company’s stock worth $34,000 after buying an additional 2,000 shares during the last quarter. ORG Partners LLC increased its stake in shares of KraneShares CSI China Internet ETF by 82.5% during the 2nd quarter. ORG Partners LLC now owns 1,175 shares of the company’s stock worth $40,000 after purchasing an additional 531 shares during the last quarter. Edmond DE Rothschild Holding S.A. increased its stake in shares of KraneShares CSI China Internet ETF by 179.2% during the 1st quarter. Edmond DE Rothschild Holding S.A. now owns 1,340 shares of the company’s stock worth $47,000 after purchasing an additional 860 shares during the last quarter. CWM LLC increased its stake in shares of KraneShares CSI China Internet ETF by 146,000.0% during the 1st quarter. CWM LLC now owns 1,461 shares of the company’s stock worth $51,000 after purchasing an additional 1,460 shares during the last quarter. Finally, Mather Group LLC. acquired a new position in shares of KraneShares CSI China Internet ETF during the 3rd quarter worth about $84,000.

KraneShares CSI China Internet ETF Stock Down 2.3%

NYSE:KWEB opened at $40.22 on Friday. KraneShares CSI China Internet ETF has a twelve month low of $27.27 and a twelve month high of $43.37. The stock’s 50 day moving average price is $40.32 and its two-hundred day moving average price is $36.37.