K.J. Harrison & Partners Inc Makes New $2.43 Million Investment in KraneShares CSI China Internet ETF $KWEB

K.J. Harrison & Partners Inc acquired a new stake in KraneShares CSI China Internet ETF (NYSE:KWEB) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 56,480 shares of the company’s stock, valued at approximately $2,425,000.

Several other large investors have also made changes to their positions in the business. NewEdge Advisors LLC increased its holdings in KraneShares CSI China Internet ETF by 11.3% in the 1st quarter. NewEdge Advisors LLC now owns 23,424 shares of the company’s stock worth $818,000 after acquiring an additional 2,383 shares in the last quarter. Empowered Funds LLC purchased a new position in KraneShares CSI China Internet ETF during the first quarter valued at $1,518,000. Quaker Wealth Management LLC grew its position in shares of KraneShares CSI China Internet ETF by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 1,000 shares of the company’s stock valued at $34,000 after purchasing an additional 2,000 shares during the period. World Investment Advisors increased its stake in shares of KraneShares CSI China Internet ETF by 26.6% during the second quarter. World Investment Advisors now owns 52,710 shares of the company’s stock worth $1,810,000 after purchasing an additional 11,085 shares in the last quarter. Finally, Helios Capital Management PTE. Ltd. increased its stake in shares of KraneShares CSI China Internet ETF by 1,927.3% during the second quarter. Helios Capital Management PTE. Ltd. now owns 223,000 shares of the company’s stock worth $7,656,000 after purchasing an additional 212,000 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Down 0.0%

Shares of KraneShares CSI China Internet ETF stock opened at $32.24 on Thursday. KraneShares CSI China Internet ETF has a twelve month low of $27.83 and a twelve month high of $43.37. The firm’s 50-day moving average price is $34.78 and its 200 day moving average price is $37.59.

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.