KraneShares CSI China Internet ETF Sees Unusually High Options Volume (NYSE:KWEB)

KraneShares CSI China Internet ETF (NYSE:KWEB) saw unusually large options trading on Thursday. Traders acquired 285,257 call options on the stock. This is an increase of 36% compared to the average daily volume of 210,264 call options.

KraneShares CSI China Internet ETF Stock Up 0.3 %

KraneShares CSI China Internet ETF stock traded up $0.11 during midday trading on Thursday, reaching $36.79. The stock had a trading volume of 29,236,025 shares, compared to its average volume of 27,445,357. The firm’s fifty day simple moving average is $31.54 and its 200-day simple moving average is $30.81. KraneShares CSI China Internet ETF has a 1-year low of $24.63 and a 1-year high of $39.17.

Hedge Funds Weigh In On KraneShares CSI China Internet ETF

Hedge funds have recently made changes to their positions in the business. Park Square Financial Group LLC bought a new position in KraneShares CSI China Internet ETF in the fourth quarter valued at $35,000. Woodline Partners LP acquired a new stake in shares of KraneShares CSI China Internet ETF in the fourth quarter valued at about $4,515,000. Vienna Asset Management LLC raised its holdings in KraneShares CSI China Internet ETF by 189.2% during the fourth quarter. Vienna Asset Management LLC now owns 17,349 shares of the company’s stock worth $507,000 after acquiring an additional 11,349 shares in the last quarter. Sphera Management Technology Funds Ltd bought a new stake in KraneShares CSI China Internet ETF during the fourth quarter worth about $731,000. Finally, Tidal Investments LLC acquired a new position in KraneShares CSI China Internet ETF during the fourth quarter valued at approximately $526,000.