KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Trading 0.1% Higher

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) shares rose 0.1% during mid-day trading on Wednesday . The stock traded as high as $24.52 and last traded at $24.52. Approximately 488 shares traded hands during trading, a decline of 86% from the average daily volume of 3,540 shares. The stock had previously closed at $24.50.

KraneShares Asia Pacific High Income Bond ETF Stock Performance

The firm’s 50 day simple moving average is $24.64 and its 200-day simple moving average is $24.70.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in KHYB. Jane Street Group LLC purchased a new position in shares of KraneShares Asia Pacific High Income Bond ETF in the first quarter valued at $431,000. UBS Group AG boosted its stake in shares of KraneShares Asia Pacific High Income Bond ETF by 107.1% in the third quarter. UBS Group AG now owns 1,232 shares of the company’s stock valued at $31,000 after purchasing an additional 637 shares during the period. Finally, Susquehanna International Group LLP boosted its stake in shares of KraneShares Asia Pacific High Income Bond ETF by 109.5% in the fourth quarter. Susquehanna International Group LLP now owns 33,630 shares of the company’s stock valued at $906,000 after purchasing an additional 17,580 shares during the period.

KraneShares Asia Pacific High Income Bond ETF Company Profile

The KraneShares Asia Pacific High Income Bond ETF (KHYB) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is an actively managed fund that provides broad exposure to primarily high-yield bonds from the Asia-Pacific. KHYB was launched on Jun 26, 2018 and is managed by KraneShares.