KraneShares CSI China Internet ETF $KWEB Shares Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 1,191.8% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 241,278 shares of the company’s stock after purchasing an additional 222,600 shares during the period. Mirae Asset Global Investments Co. Ltd. owned approximately 0.10% of KraneShares CSI China Internet ETF worth $10,136,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently added to or reduced their stakes in KWEB. Viewpoint Capital Management LLC lifted its position in KraneShares CSI China Internet ETF by 0.3% during the 2nd quarter. Viewpoint Capital Management LLC now owns 108,476 shares of the company’s stock worth $3,724,000 after acquiring an additional 320 shares during the period. 180 Wealth Advisors LLC boosted its position in shares of KraneShares CSI China Internet ETF by 1.0% during the 3rd quarter. 180 Wealth Advisors LLC now owns 34,697 shares of the company’s stock worth $1,458,000 after purchasing an additional 340 shares in the last quarter. Everstar Asset Management LLC boosted its holdings in KraneShares CSI China Internet ETF by 3.3% during the second quarter. Everstar Asset Management LLC now owns 18,539 shares of the company’s stock worth $636,000 after buying an additional 598 shares in the last quarter. Baird Financial Group Inc. grew its holdings in shares of KraneShares CSI China Internet ETF by 2.9% in the 2nd quarter. Baird Financial Group Inc. now owns 24,580 shares of the company’s stock worth $844,000 after acquiring an additional 683 shares during the period. Finally, Scotia Capital Inc. grew its holdings in KraneShares CSI China Internet ETF by 7.1% in the second quarter. Scotia Capital Inc. now owns 10,589 shares of the company’s stock valued at $364,000 after purchasing an additional 700 shares during the last quarter.

KraneShares CSI China Internet ETF Stock Performance

Shares of KWEB opened at $35.38 on Friday. The company has a 50-day moving average of $36.17 and a two-hundred day moving average of $37.89. KraneShares CSI China Internet ETF has a 12-month low of $27.83 and a 12-month high of $43.37.

The KraneShares CSI China Internet ETF (NYSE: KWEB) is an exchange-traded fund designed to offer investors targeted exposure to China’s rapidly evolving internet sector. Launched in May 2013, the fund seeks to track the CSI China Overseas Internet Index, which captures the performance of Chinese companies primarily engaged in internet and internet-related activities. KWEB provides access to companies operating across e-commerce, online gaming, social media, internet search, online entertainment and education, and related services.

The fund holds a diversified portfolio of equities that includes American depositary receipts (ADRs), Hong Kong–listed H-shares and companies trading on Chinese mainland exchanges.