Privium Fund Management UK Ltd bought a new stake in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 310,000 shares of the company’s stock, valued at approximately $7,533,000. KraneShares CSI China Internet ETF comprises about 3.1% of Privium Fund Management UK Ltd’s holdings, making the stock its 9th biggest position. Privium Fund Management UK Ltd owned about 0.16% of KraneShares CSI China Internet ETF at the end of the most recent reporting period.
Several other hedge funds also recently bought and sold shares of the stock. SBI Securities Co. Ltd. boosted its stake in shares of KraneShares CSI China Internet ETF by 634.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 837 shares of the company’s stock valued at $28,000 after acquiring an additional 723 shares during the last quarter. Manchester Capital Management LLC acquired a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at about $32,000. JPL Wealth Management LLC acquired a new position in KraneShares CSI China Internet ETF in the 3rd quarter valued at about $34,000. International Assets Investment Management LLC purchased a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at about $49,000. Finally, Sankala Group LLC purchased a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at about $51,000.
KraneShares CSI China Internet ETF Price Performance
KraneShares CSI China Internet ETF stock opened at $27.01 on Monday. The stock has a market capitalization of $5.35 billion, a P/E ratio of 15.95 and a beta of 0.36. KraneShares CSI China Internet ETF has a 12-month low of $23.23 and a 12-month high of $43.37. The firm’s 50-day moving average is $26.47 and its two-hundred day moving average is $28.78.
KraneShares CSI China Internet ETF Company Profile
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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