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

KraneShares CSI China Internet ETF (NYSE:KWEB) was the target of unusually large options trading on Monday. Investors bought 235,257 call options on the stock. This is an increase of approximately 16% compared to the typical daily volume of 202,959 call options.

Institutional Trading of KraneShares CSI China Internet ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in KWEB. M&R Capital Management Inc. acquired a new stake in shares of KraneShares CSI China Internet ETF during the third quarter worth $34,000. International Assets Investment Management LLC purchased a new stake in KraneShares CSI China Internet ETF in the 2nd quarter valued at about $31,000. Mather Group LLC. increased its stake in shares of KraneShares CSI China Internet ETF by 63.8% during the 3rd quarter. Mather Group LLC. now owns 2,000 shares of the company’s stock valued at $68,000 after acquiring an additional 779 shares during the last quarter. FMR LLC boosted its position in shares of KraneShares CSI China Internet ETF by 51.1% in the third quarter. FMR LLC now owns 3,409 shares of the company’s stock worth $116,000 after acquiring an additional 1,153 shares during the last quarter. Finally, Hexagon Capital Partners LLC raised its stake in KraneShares CSI China Internet ETF by 69.8% during the third quarter. Hexagon Capital Partners LLC now owns 4,380 shares of the company’s stock worth $149,000 after purchasing an additional 1,800 shares during the period.

KraneShares CSI China Internet ETF Stock Up 10.9 %

KWEB traded up $3.38 during trading on Monday, reaching $34.47. 28,295,554 shares of the stock were exchanged, compared to its average volume of 21,516,039. KraneShares CSI China Internet ETF has a 1 year low of $22.68 and a 1 year high of $39.17. The business’s 50 day moving average price is $32.54 and its two-hundred day moving average price is $29.23.