Compass Rose Asset Management LP grew its holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) by 123.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,230,000 shares of the company’s stock after acquiring an additional 680,000 shares during the period. KraneShares CSI China Internet ETF comprises approximately 2.6% of Compass Rose Asset Management LP’s holdings, making the stock its 4th biggest holding. Compass Rose Asset Management LP’s holdings in KraneShares CSI China Internet ETF were worth $34,969,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. SBI Securities Co. Ltd. raised its position in KraneShares CSI China Internet ETF by 634.2% in the fourth quarter. SBI Securities Co. Ltd. now owns 837 shares of the company’s stock valued at $28,000 after purchasing an additional 723 shares during the period. Manchester Capital Management LLC purchased a new stake in shares of KraneShares CSI China Internet ETF in the fourth quarter worth about $32,000. JPL Wealth Management LLC acquired a new stake in shares of KraneShares CSI China Internet ETF in the third quarter valued at about $34,000. Fortitude Family Office LLC acquired a new stake in shares of KraneShares CSI China Internet ETF in the fourth quarter valued at about $45,000. Finally, Compagnie Lombard Odier SCmA purchased a new stake in shares of KraneShares CSI China Internet ETF during the 4th quarter valued at about $45,000.
KraneShares CSI China Internet ETF Stock Performance
KraneShares CSI China Internet ETF stock opened at $26.27 on Friday. The stock’s 50 day moving average price is $26.30 and its 200 day moving average price is $29.70. The firm has a market capitalization of $5.20 billion, a PE ratio of 15.95 and a beta of 0.35. KraneShares CSI China Internet ETF has a one year low of $23.23 and a one year high of $43.37.
KraneShares CSI China Internet ETF 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.
See Also
- Five stocks we like better than KraneShares CSI China Internet ETF
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Want to see what other hedge funds are holding KWEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report).
Receive News & Ratings for KraneShares CSI China Internet ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares CSI China Internet ETF and related companies with MarketBeat.com's FREE daily email newsletter.
