CTC Alternative Strategies Ltd. Buys Shares of 19,100 KraneShares CSI China Internet ETF $KWEB

CTC Alternative Strategies Ltd. purchased a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 19,100 shares of the company’s stock, valued at approximately $802,000. KraneShares CSI China Internet ETF accounts for approximately 1.0% of CTC Alternative Strategies Ltd.’s portfolio, making the stock its 19th biggest holding.

Other large investors also recently added to or reduced their stakes in the company. Banque Cantonale Vaudoise lifted its holdings in KraneShares CSI China Internet ETF by 2.9% during the third quarter. Banque Cantonale Vaudoise now owns 9,953 shares of the company’s stock valued at $418,000 after purchasing an additional 284 shares during the last quarter. 180 Wealth Advisors LLC increased its stake in shares of KraneShares CSI China Internet ETF by 1.0% in the third 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. Fisher Asset Management LLC increased its stake in shares of KraneShares CSI China Internet ETF by 1.3% in the third quarter. Fisher Asset Management LLC now owns 46,066 shares of the company’s stock worth $1,935,000 after purchasing an additional 595 shares in the last quarter. Everstar Asset Management LLC raised its position in shares of KraneShares CSI China Internet ETF by 3.3% in the second quarter. Everstar Asset Management LLC now owns 18,539 shares of the company’s stock valued at $636,000 after purchasing an additional 598 shares during the period. Finally, Baird Financial Group Inc. raised its position in shares of KraneShares CSI China Internet ETF by 2.9% in the second quarter. Baird Financial Group Inc. now owns 24,580 shares of the company’s stock valued at $844,000 after purchasing an additional 683 shares during the period.

KraneShares CSI China Internet ETF Trading Down 3.2%

Shares of KWEB stock opened at $29.45 on Thursday. The firm’s 50 day moving average is $33.34 and its 200 day moving average is $36.84. The stock has a market capitalization of $7.13 billion, a P/E ratio of 15.95 and a beta of 0.25. KraneShares CSI China Internet ETF has a 12 month low of $27.83 and a 12 month high of $43.37.

About KraneShares CSI China Internet ETF

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.