Quadrature Capital Ltd Boosts Stock Position in KraneShares CSI China Internet ETF $KWEB

Quadrature Capital Ltd raised its holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 350.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,377,418 shares of the company’s stock after buying an additional 1,849,107 shares during the period. KraneShares CSI China Internet ETF comprises about 1.2% of Quadrature Capital Ltd’s holdings, making the stock its 22nd largest position. Quadrature Capital Ltd’s holdings in KraneShares CSI China Internet ETF were worth $99,875,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the business. Quantitative Investment Management LLC acquired a new position in shares of KraneShares CSI China Internet ETF during the 3rd quarter worth about $5,171,000. Basso Capital Management L.P. raised its position in shares of KraneShares CSI China Internet ETF by 181.0% during the 3rd quarter. Basso Capital Management L.P. now owns 7,025 shares of the company’s stock worth $295,000 after acquiring an additional 4,525 shares in the last quarter. Banque Cantonale Vaudoise raised its position in shares of KraneShares CSI China Internet ETF by 2.9% during the 3rd quarter. Banque Cantonale Vaudoise now owns 9,953 shares of the company’s stock worth $418,000 after acquiring an additional 284 shares in the last quarter. Parallel Advisors LLC lifted its stake in KraneShares CSI China Internet ETF by 254.3% during the third quarter. Parallel Advisors LLC now owns 6,176 shares of the company’s stock worth $259,000 after purchasing an additional 4,433 shares during the last quarter. Finally, Solstein Capital LLC lifted its stake in KraneShares CSI China Internet ETF by 87.3% during the third quarter. Solstein Capital LLC now owns 27,376 shares of the company’s stock worth $1,150,000 after purchasing an additional 12,762 shares during the last quarter.

KraneShares CSI China Internet ETF Stock Down 1.4%

Shares of KWEB opened at $30.06 on Friday. The company has a market capitalization of $7.27 billion, a price-to-earnings ratio of 15.95 and a beta of 0.25. KraneShares CSI China Internet ETF has a 52-week low of $27.83 and a 52-week high of $43.37. The stock has a 50 day moving average price of $33.81 and a 200 day moving average price of $37.07.

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.