KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBOR) Trading 0.5% Higher – Time to Buy?

KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBORGet Free Report)’s share price traded up 0.5% during mid-day trading on Wednesday . The stock traded as high as $25.57 and last traded at $25.56. 1,331 shares changed hands during mid-day trading, a decline of 10% from the average session volume of 1,486 shares. The stock had previously closed at $25.43.

KraneShares MSCI One Belt One Road Index ETF Price Performance

The firm’s 50 day moving average price is $25.49 and its 200-day moving average price is $24.44. The stock has a market cap of $3.83 million, a P/E ratio of 11.41 and a beta of 0.52.

Institutional Trading of KraneShares MSCI One Belt One Road Index ETF

A hedge fund recently raised its stake in KraneShares MSCI One Belt One Road Index ETF stock. OLD Mission Capital LLC lifted its holdings in KraneShares MSCI One Belt One Road Index ETF (NYSEARCA:OBORFree Report) by 23.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,722 shares of the company’s stock after purchasing an additional 8,807 shares during the quarter. OLD Mission Capital LLC owned 30.48% of KraneShares MSCI One Belt One Road Index ETF worth $987,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

About KraneShares MSCI One Belt One Road Index ETF

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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.

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