Creative Financial Designs Inc. ADV Purchases New Position in KraneShares China Internet and Covered Call Strategy ETF $KLIP

Creative Financial Designs Inc. ADV bought a new stake in KraneShares China Internet and Covered Call Strategy ETF (NYSEARCA:KLIP) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,382 shares of the company’s stock, valued at approximately $76,000. Creative Financial Designs Inc. ADV owned approximately 0.08% of KraneShares China Internet and Covered Call Strategy ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Palacios Wealth Management LLC acquired a new stake in shares of KraneShares China Internet and Covered Call Strategy ETF in the 2nd quarter valued at $290,000. Napa Wealth Management boosted its position in KraneShares China Internet and Covered Call Strategy ETF by 116.7% in the first quarter. Napa Wealth Management now owns 35,204 shares of the company’s stock valued at $1,157,000 after buying an additional 18,955 shares in the last quarter. Finally, Venture Visionary Partners LLC acquired a new position in KraneShares China Internet and Covered Call Strategy ETF in the first quarter valued at about $1,487,000.

KraneShares China Internet and Covered Call Strategy ETF Price Performance

Shares of KLIP opened at $32.41 on Tuesday. The company has a market capitalization of $119.92 million, a P/E ratio of 16.77 and a beta of 0.36. KraneShares China Internet and Covered Call Strategy ETF has a one year low of $27.06 and a one year high of $35.70. The business’s 50 day simple moving average is $32.86 and its 200-day simple moving average is $32.22.

KraneShares China Internet and Covered Call Strategy ETF Profile

The KraneShares Trust – KraneShares China Internet and Covered Call Strategy ETF (KLIP) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund is a fund-of-fund that tracks an index of China-based internet stocks and sells one-month, at-the-money call options on the full amount of the portfolio.