B. Riley Wealth Advisors Inc. purchased a new position in KraneShares China Internet and Covered Call Strategy ETF (NYSEARCA:KLIP – Free Report) during the third quarter, according to its latest Form 13F filed with the U.S. Securities and Exchange Commission (SEC). The firm purchased 19,164 shares of the company’s stock, valued at approximately $330,000.
Several other institutional investors and hedge funds also bought and sold shares of KLIP. Capital Market Strategies LLC purchased a new position in Kingsoft China Internet and Covered Call Strategy ETF during the third quarter worth approximately $187,000. Prosperity Wealth Management Inc. purchased a new position in shares of Kingsoft China Internet and Covered Call Strategy ETF during the second quarter worth approximately $327,000. Finally, AlphaStar Capital Management LLC boosted its holdings in Kraft China Internet and Covered Call Strategy ETF by 62.0% in the third quarter. AlphaStar Capital Management LLC now owns 163,276 shares of the company’s stock valued at $2,813,000 after purchasing an additional 62,463 shares during the last quarter.
Jinrui China Internet and Covered Call Strategy ETF shares fell 0.2%
KLIP stock opened Friday at $15.07. The Kraft China Internet and Covered Call Strategy ETF has a 12-month low of $14.18 and a 12-month high of $22.23. The business has a 50-day moving average price of $14.91 and a 200-day moving average price of $16.25.
About Jinrui China Internet and Covered Call Strategy ETF
(free report)
Kingsoft Trust – Kingsoft China Internet and Covered Call ETF (KLIP) is an exchange-traded fund based on the CSI Overseas China Internet Index. The fund is a fund of funds that tracks the China Internet Stock Index and sells one-month at-the-money call options on the entire portfolio amount.
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