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

KraneShares CSI China Internet ETF (NYSE:KWEB) was the target of some unusual options trading on Friday. Investors acquired 250,265 call options on the stock. This is an increase of approximately 99% compared to the average daily volume of 125,692 call options.

KraneShares CSI China Internet ETF Price Performance

NYSE:KWEB opened at $38.41 on Friday. The firm’s 50-day simple moving average is $27.52. KraneShares CSI China Internet ETF has a twelve month low of $22.68 and a twelve month high of $38.70.

Institutional Trading of KraneShares CSI China Internet ETF

A number of large investors have recently added to or reduced their stakes in the business. Cetera Investment Advisers acquired a new position in shares of KraneShares CSI China Internet ETF in the 1st quarter valued at $3,882,000. 180 Wealth Advisors LLC increased its position in shares of KraneShares CSI China Internet ETF by 41.3% in the second quarter. 180 Wealth Advisors LLC now owns 14,297 shares of the company’s stock worth $409,000 after acquiring an additional 4,179 shares in the last quarter. Mather Group LLC. raised its holdings in shares of KraneShares CSI China Internet ETF by 243.9% during the second quarter. Mather Group LLC. now owns 1,221 shares of the company’s stock valued at $32,000 after acquiring an additional 866 shares during the period. Wealth Enhancement Advisory Services LLC lifted its position in shares of KraneShares CSI China Internet ETF by 3.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 19,763 shares of the company’s stock valued at $534,000 after acquiring an additional 709 shares in the last quarter. Finally, EverSource Wealth Advisors LLC boosted its stake in KraneShares CSI China Internet ETF by 91,900.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 4,600 shares of the company’s stock worth $128,000 after purchasing an additional 4,595 shares during the period.