KraneShares China Consumer Leaders Index ETF (NYSEARCA:KBUY – Get Rating) rose 0.8% on Thursday . The stock traded as high as $20.59 and last traded at $20.52. Approximately 2,704 shares changed hands during trading, a decline of 86% from the average daily volume of 19,862 shares. The stock had previously closed at $20.35.
The company’s fifty day moving average price is $19.38 and its two-hundred day moving average price is $21.34.
Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Phoenix Holdings Ltd. grew its stake in shares of KraneShares China Consumer Leaders Index ETF by 12.5% during the first quarter. Phoenix Holdings Ltd. now owns 1,874,715 shares of the company’s stock valued at $36,633,000 after purchasing an additional 208,000 shares during the last quarter. Jane Street Group LLC boosted its stake in KraneShares China Consumer Leaders Index ETF by 133.5% in the third quarter. Jane Street Group LLC now owns 86,254 shares of the company’s stock valued at $2,042,000 after acquiring an additional 49,313 shares during the last quarter. Finally, UBS Group AG boosted its stake in KraneShares China Consumer Leaders Index ETF by 91.6% in the first quarter. UBS Group AG now owns 1,571 shares of the company’s stock valued at $31,000 after acquiring an additional 751 shares during the last quarter.
Further Reading
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