Senator Investment Group LP Invests $3.51 Million in KraneShares CSI China Internet ETF $KWEB

Senator Investment Group LP purchased a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 103,000 shares of the company’s stock, valued at approximately $3,507,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Tamar Securities LLC increased its stake in shares of KraneShares CSI China Internet ETF by 12.4% during the fourth quarter. Tamar Securities LLC now owns 153,495 shares of the company’s stock worth $5,226,000 after acquiring an additional 16,895 shares during the period. Mariner LLC increased its stake in shares of KraneShares CSI China Internet ETF by 16.8% during the fourth quarter. Mariner LLC now owns 53,552 shares of the company’s stock worth $1,823,000 after acquiring an additional 7,710 shares during the period. Global Endowment Management LP increased its stake in shares of KraneShares CSI China Internet ETF by 54.0% during the fourth quarter. Global Endowment Management LP now owns 77,000 shares of the company’s stock worth $2,622,000 after acquiring an additional 27,000 shares during the period. Kestra Advisory Services LLC increased its stake in shares of KraneShares CSI China Internet ETF by 26.4% during the fourth quarter. Kestra Advisory Services LLC now owns 7,587 shares of the company’s stock worth $258,000 after acquiring an additional 1,585 shares during the period. Finally, Cordoba Advisory Partners LLC acquired a new position in shares of KraneShares CSI China Internet ETF during the fourth quarter worth about $1,005,000.

KraneShares CSI China Internet ETF Stock Up 0.5%

Shares of KraneShares CSI China Internet ETF stock opened at $26.62 on Tuesday. KraneShares CSI China Internet ETF has a 52-week low of $25.90 and a 52-week high of $43.37. The company’s 50-day simple moving average is $28.22 and its 200-day simple moving average is $31.77. The firm has a market cap of $5.98 billion, a price-to-earnings ratio of 15.95 and a beta of 0.34.

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.