KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) Stock Price Down 0.2%

KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) shares dropped 0.2% on Wednesday . The company traded as low as $24.82 and last traded at $24.82. Approximately 5,997 shares changed hands during trading, an increase of 16% from the average daily volume of 5,165 shares. The stock had previously closed at $24.87.

KraneShares Asia Pacific High Income Bond ETF Trading Down 0.1 %

The stock’s fifty day moving average is $24.89 and its two-hundred day moving average is $24.71.

Hedge Funds Weigh In On KraneShares Asia Pacific High Income Bond ETF

A hedge fund recently bought a new stake in KraneShares Asia Pacific High Income Bond ETF stock. LifePro Asset Management acquired a new stake in KraneShares Asia Pacific High Income Bond ETF (NYSEARCA:KHYB) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 91,756 shares of the company’s stock, valued at approximately $2,267,000. KraneShares Asia Pacific High Income Bond ETF comprises approximately 1.6% of LifePro Asset Management’s investment portfolio, making the stock its 21st largest position. LifePro Asset Management owned 18.35% of KraneShares Asia Pacific High Income Bond ETF at the end of the most recent quarter.

About KraneShares Asia Pacific High Income Bond ETF

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.