KraneShares CSI China Internet ETF $KWEB Stock Acquired by Guardian Partners Inc.

Guardian Partners Inc. increased its position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 89.7% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 88,125 shares of the company’s stock after purchasing an additional 41,675 shares during the period. Guardian Partners Inc.’s holdings in KraneShares CSI China Internet ETF were worth $2,160,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Bank of America Corp DE increased its holdings in KraneShares CSI China Internet ETF by 32.1% in the first quarter. Bank of America Corp DE now owns 11,090,675 shares of the company’s stock valued at $315,308,000 after buying an additional 2,693,759 shares during the last quarter. NWI Management LP bought a new position in KraneShares CSI China Internet ETF during the 1st quarter worth approximately $25,587,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD bought a new position in KraneShares CSI China Internet ETF during the 2nd quarter worth approximately $21,371,000. Clal Insurance Enterprises Holdings Ltd grew its position in shares of KraneShares CSI China Internet ETF by 54.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,186,516 shares of the company’s stock worth $62,163,000 after acquiring an additional 770,000 shares in the last quarter. Finally, Compass Rose Asset Management LP grew its position in shares of KraneShares CSI China Internet ETF by 123.6% in the 1st quarter. Compass Rose Asset Management LP now owns 1,230,000 shares of the company’s stock worth $34,969,000 after acquiring an additional 680,000 shares in the last quarter.

KraneShares CSI China Internet ETF Trading Down 2.5%

Shares of NYSEARCA KWEB opened at $23.74 on Thursday. KraneShares CSI China Internet ETF has a twelve month low of $23.23 and a twelve month high of $41.60. The company has a market capitalization of $4.40 billion, a price-to-earnings ratio of 15.95 and a beta of 0.33. The business has a 50 day simple moving average of $25.21 and a 200-day simple moving average of $26.64.

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.