KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) Stock Price Up 0.3% – Here’s What Happened

Shares of KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) were up 0.3% on Thursday . The stock traded as high as $22.28 and last traded at $22.28. Approximately 4,433 shares were traded during mid-day trading, an increase of 312% from the average daily volume of 1,076 shares. The stock had previously closed at $22.20.

KraneShares MSCI One Belt One Road ETF Stock Performance

The company has a market capitalization of $4.46 million, a PE ratio of 8.24 and a beta of 0.56. The stock’s fifty day simple moving average is $22.68 and its 200-day simple moving average is $22.12.

Hedge Funds Weigh In On KraneShares MSCI One Belt One Road ETF

A hedge fund recently raised its stake in KraneShares MSCI One Belt One Road ETF stock. Jane Street Group LLC grew its holdings in shares of KraneShares MSCI One Belt One Road ETF (NYSEARCA:OBOR) by 121.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 23,013 shares of the company’s stock after purchasing an additional 12,625 shares during the quarter. Jane Street Group LLC owned approximately 11.51% of KraneShares MSCI One Belt One Road ETF worth $533,000 at the end of the most recent quarter.

KraneShares MSCI One Belt One Road ETF Company Profile

The KraneShares MSCI One Belt One Road Index ETF (OBOR) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market-cap-selected, tier-weighted index of companies likely to benefit from China’s One Belt, One Road initiative. OBOR was launched on Sep 7, 2017 and is managed by KraneShares.