KraneShares CSI China Internet ETF $KWEB Shares Purchased by NewEdge Advisors LLC

NewEdge Advisors LLC boosted its position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 16.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 206,625 shares of the company’s stock after buying an additional 28,814 shares during the period. NewEdge Advisors LLC’s holdings in KraneShares CSI China Internet ETF were worth $5,056,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. GFG Capital LLC acquired a new stake in KraneShares CSI China Internet ETF during the 2nd quarter valued at approximately $1,628,000. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new stake in shares of KraneShares CSI China Internet ETF in the second quarter worth $6,928,000. Cygnus Capital Advisors LLC increased its stake in shares of KraneShares CSI China Internet ETF by 44.0% in the second quarter. Cygnus Capital Advisors LLC now owns 55,860 shares of the company’s stock worth $1,367,000 after acquiring an additional 17,060 shares during the period. Agur Provident & Training Funds Management Ltd. purchased a new position in shares of KraneShares CSI China Internet ETF during the second quarter worth $5,238,000. Finally, Corient Private Wealth LP purchased a new position in shares of KraneShares CSI China Internet ETF during the second quarter worth $227,000.

KraneShares CSI China Internet ETF Price Performance

NYSEARCA KWEB opened at $24.73 on Tuesday. KraneShares CSI China Internet ETF has a 1 year low of $23.23 and a 1 year high of $43.37. The company has a market capitalization of $4.90 billion, a PE ratio of 15.95 and a beta of 0.35. The company has a fifty day moving average of $26.74 and a 200 day moving average of $27.60.

KraneShares CSI China Internet ETF Company 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.