KraneShares China Consumer Leaders Index ETF (NYSEARCA:KBUY) Shares Down 3.5%

KraneShares China Consumer Leaders Index ETF (NYSEARCA:KBUY)’s stock price dropped 3.5% during mid-day trading on Monday . The company traded as low as $21.83 and last traded at $21.93. Approximately 2,729 shares traded hands during mid-day trading, a decline of 88% from the average daily volume of 23,335 shares. The stock had previously closed at $22.73.

The business’s 50 day moving average price is $23.70.

Hedge funds have recently bought and sold shares of the company. Royal Bank of Canada acquired a new position in shares of KraneShares China Consumer Leaders Index ETF during the first quarter worth about $159,000. Susquehanna International Group LLP boosted its position in KraneShares China Consumer Leaders Index ETF by 48.5% during the second quarter. Susquehanna International Group LLP now owns 29,185 shares of the company’s stock valued at $792,000 after purchasing an additional 9,529 shares during the last quarter. Jane Street Group LLC acquired a new position in KraneShares China Consumer Leaders Index ETF during the first quarter valued at approximately $901,000. Flow Traders U.S. LLC boosted its position in KraneShares China Consumer Leaders Index ETF by 139.6% during the first quarter. Flow Traders U.S. LLC now owns 46,360 shares of the company’s stock valued at $1,210,000 after purchasing an additional 27,015 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new position in KraneShares China Consumer Leaders Index ETF during the first quarter valued at approximately $1,915,000.

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