KraneShares China Internet and Covered Call Strategy ETF (KLIP) Price, Holdings, & News

ETF Overview

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. KLIP was launched on Jan 12, 2023 and is managed by KraneShares.

Key Stats

• Today's Range: $32.49 to $32.73
• 50-Day Range: $31.57 to $32.74
• 52-Week Range: $27.06 to $38.49
• Volume: 17,203 shs
• Average Volume: 35,275 shs
• Market Capitalization: $97.77 million
• Assets Under Management: $101.67 million
• Dividend Yield: 33.94%
• Net Expense Ratio: 0.93%
• Aggregate Rating: N/A

KLIP ETF - Frequently Asked Questions

How have KLIP shares performed this year?

KraneShares China Internet and Covered Call Strategy ETF's stock was trading at $32.40 at the start of the year. Since then, KLIP stock has increased by 0.6% and is now trading at $32.59.

When did KraneShares China Internet and Covered Call Strategy ETF's stock split?

KraneShares China Internet and Covered Call Strategy ETF's stock reverse split before market open on Thursday, January 2nd 2025.The 1-3 reverse split was announced on Wednesday, January 1st 2025. The number of shares owned by shareholders was adjusted after the market closes on Wednesday, January 1st 2025. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

Who are KraneShares China Internet and Covered Call Strategy ETF's major shareholders?

Top institutional shareholders of KraneShares China Internet and Covered Call Strategy ETF include AlphaStar Capital Management LLC (9.88%), Raymond James Financial Inc. (2.18%), Palacios Wealth Management LLC (0.30%) and Creative Financial Designs Inc. ADV (0.08%).

How do I buy shares of KraneShares China Internet and Covered Call Strategy ETF?

Shares of KLIP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of KraneShares China Internet and Covered Call Strategy ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that KraneShares China Internet and Covered Call Strategy ETF investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET), Adobe (ADBE), e.l.f. Beauty (ELF) and Disc Medicine (IRON).

Fund Details

• Issuer: KraneShares
• Fund Name: KraneShares China Internet and Covered Call Strategy ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:KLIP
• Inception Date: 1/12/2023
• Fund Manager: James Maund, Jonathan Shelon
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Strategy
• Focus: Theme
• Development Level: Emerging Markets
• Region: Asia-Pacific
• Number of Holdings: 9

Fund Statistics

• Assets Under Management: $100.05 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.02%

Administrator, Advisor and Custodian

• Administrator: SEI Investments Global Funds Services
• Advisor: Krane Funds Advisors, LLC
• Custodian: Brown Brothers Harriman & Co.
• Distributor: SEI Investments Distribution Co.
• Transfer Agent: Brown Brothers Harriman & Co.
• Trustee: N/A
• Lead Market Maker: Susquehanna

Options

• Optionable: Optionable
• Options Volume: 4
• Put Options: 4
• Call Options: 1
• Short Interest: 66,900 shs

Miscellaneous

• Outstanding Shares: 3,000,000
• Beta: 2.10
• Creation Unit: 25,000
• Creation Fee: $10.00