IMC Chicago LLC purchased a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 356,606 shares of the company’s stock, valued at approximately $8,726,000. IMC Chicago LLC owned approximately 0.18% of KraneShares CSI China Internet ETF at the end of the most recent reporting period.
A number of other institutional investors have also modified their holdings of the company. Temasek Holdings Private Ltd boosted its position in KraneShares CSI China Internet ETF by 98.5% during the fourth quarter. Temasek Holdings Private Ltd now owns 6,499,382 shares of the company’s stock worth $221,304,000 after acquiring an additional 3,225,790 shares during the last quarter. Bank of America Corp DE raised its holdings in KraneShares CSI China Internet ETF by 32.1% in the 1st quarter. Bank of America Corp DE now owns 11,090,675 shares of the company’s stock valued at $315,308,000 after acquiring an additional 2,693,759 shares during the last quarter. SPX Gestao de Recursos Ltda acquired a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at $70,667,000. BlueCrest Capital Management Ltd lifted its stake in shares of KraneShares CSI China Internet ETF by 421.5% during the 3rd quarter. BlueCrest Capital Management Ltd now owns 2,127,701 shares of the company’s stock worth $89,385,000 after purchasing an additional 1,719,701 shares during the period. Finally, SG Americas Securities LLC lifted its stake in shares of KraneShares CSI China Internet ETF by 652.0% during the 1st quarter. SG Americas Securities LLC now owns 1,693,386 shares of the company’s stock worth $48,143,000 after purchasing an additional 1,468,208 shares during the period.
KraneShares CSI China Internet ETF Stock Up 0.8%
KWEB stock opened at $26.32 on Friday. KraneShares CSI China Internet ETF has a 52-week low of $23.23 and a 52-week high of $43.37. The stock’s fifty day simple moving average is $26.58 and its 200-day simple moving average is $28.23. The stock has a market capitalization of $5.21 billion, a price-to-earnings ratio of 15.95 and a beta of 0.36.
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.
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