International Assets Investment Management LLC Takes $200,000 Position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

International Assets Investment Management LLC acquired a new stake in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 7,411 shares of the company’s stock, valued at approximately $200,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of KWEB. Raymond James Financial Services Advisors Inc. lifted its stake in shares of KraneShares CSI China Internet ETF by 15.4% during the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 229,523 shares of the company’s stock worth $6,282,000 after acquiring an additional 30,563 shares during the last quarter. Mandatum Life Insurance Co Ltd lifted its stake in shares of KraneShares CSI China Internet ETF by 0.3% during the 3rd quarter. Mandatum Life Insurance Co Ltd now owns 1,007,083 shares of the company’s stock worth $27,564,000 after acquiring an additional 3,491 shares during the last quarter. BW Gestao de Investimentos Ltda. bought a new stake in shares of KraneShares CSI China Internet ETF during the 3rd quarter worth approximately $21,349,000. Avaii Wealth Management LLC bought a new stake in shares of KraneShares CSI China Internet ETF during the 3rd quarter worth approximately $244,000. Finally, Altfest L J & Co. Inc. increased its holdings in KraneShares CSI China Internet ETF by 3.1% during the 3rd quarter. Altfest L J & Co. Inc. now owns 254,507 shares of the company’s stock worth $6,966,000 after purchasing an additional 7,758 shares during the period.

KraneShares CSI China Internet ETF Stock Up 2.8 %

KWEB opened at $28.80 on Monday. The stock’s fifty day moving average is $26.22 and its two-hundred day moving average is $26.18. The company has a market capitalization of $5.96 billion, a P/E ratio of 20.84 and a beta of 1.28. KraneShares CSI China Internet ETF has a 52 week low of $22.68 and a 52 week high of $32.06.

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.