Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD purchased a new position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 283,109 shares of the company’s stock, valued at approximately $6,928,000. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD owned approximately 0.14% of KraneShares CSI China Internet ETF at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. SBI Securities Co. Ltd. increased its holdings in KraneShares CSI China Internet ETF by 634.2% during the 4th quarter. SBI Securities Co. Ltd. now owns 837 shares of the company’s stock worth $28,000 after acquiring an additional 723 shares during the period. Manchester Capital Management LLC bought a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at $32,000. JPL Wealth Management LLC bought a new position in KraneShares CSI China Internet ETF in the 3rd quarter valued at $34,000. International Assets Investment Management LLC bought a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at $49,000. Finally, Sankala Group LLC purchased a new position in shares of KraneShares CSI China Internet ETF during the 4th quarter valued at $51,000.
KraneShares CSI China Internet ETF Stock Performance
KraneShares CSI China Internet ETF stock opened at $27.01 on Friday. The stock has a market cap of $5.35 billion, a P/E ratio of 15.95 and a beta of 0.36. KraneShares CSI China Internet ETF has a fifty-two week low of $23.23 and a fifty-two week high of $43.37. The firm’s fifty day moving average price is $26.47 and its 200-day moving average price is $28.82.
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.
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