Temasek Holdings Private Ltd grew its position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) by 98.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,499,382 shares of the company’s stock after buying an additional 3,225,790 shares during the quarter. KraneShares CSI China Internet ETF accounts for 0.7% of Temasek Holdings Private Ltd’s holdings, making the stock its 28th largest holding. Temasek Holdings Private Ltd owned about 2.69% of KraneShares CSI China Internet ETF worth $221,304,000 at the end of the most recent quarter.
Several other hedge funds have also made changes to their positions in the company. SBI Securities Co. Ltd. lifted its stake in shares of KraneShares CSI China Internet ETF by 634.2% during the 4th quarter. SBI Securities Co. Ltd. now owns 837 shares of the company’s stock worth $28,000 after purchasing an additional 723 shares during the last quarter. Manchester Capital Management LLC purchased a new stake in shares of KraneShares CSI China Internet ETF during the 4th quarter worth $32,000. JPL Wealth Management LLC purchased a new stake in shares of KraneShares CSI China Internet ETF during the 3rd quarter worth $34,000. Fortitude Family Office LLC purchased a new stake in shares of KraneShares CSI China Internet ETF during the 4th quarter worth $45,000. Finally, Compagnie Lombard Odier SCmA purchased a new stake in shares of KraneShares CSI China Internet ETF during the 4th quarter worth $45,000.
KraneShares CSI China Internet ETF Price Performance
Shares of NYSEARCA KWEB opened at $26.62 on Tuesday. The business has a fifty day moving average price of $28.22 and a 200 day moving average price of $31.77. KraneShares CSI China Internet ETF has a 1-year low of $25.90 and a 1-year high of $43.37. The stock has a market capitalization of $5.98 billion, a P/E ratio of 15.95 and a beta of 0.34.
About KraneShares CSI China Internet ETF
The KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund tracks a market cap-weighted index composed of overseas-listed Chinese Internet companies. KWEB was launched on Jul 31, 2013 and is managed by KraneShares.
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