K.J. Harrison & Partners Inc Purchases Shares of 61,480 KraneShares CSI China Internet ETF $KWEB

K.J. Harrison & Partners Inc acquired a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 61,480 shares of the company’s stock, valued at approximately $1,748,000.

Other large investors have also recently made changes to their positions in the company. SBI Securities Co. Ltd. increased its position in shares of KraneShares CSI China Internet ETF by 634.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 837 shares of the company’s stock worth $28,000 after acquiring an additional 723 shares in the last quarter. Manchester Capital Management LLC acquired a new stake in shares of KraneShares CSI China Internet ETF in the 4th quarter worth about $32,000. JPL Wealth Management LLC bought a new position in KraneShares CSI China Internet ETF in the 3rd quarter valued at about $34,000. Fortitude Family Office LLC bought a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at about $45,000. Finally, Compagnie Lombard Odier SCmA bought a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at about $45,000.

KraneShares CSI China Internet ETF Stock Performance

KWEB stock opened at $24.99 on Friday. The company has a market capitalization of $4.97 billion, a P/E ratio of 15.95 and a beta of 0.35. KraneShares CSI China Internet ETF has a 52-week low of $23.23 and a 52-week high of $43.37. The business has a 50-day simple moving average of $27.00 and a two-hundred day simple moving average of $30.57.

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.