Corecam Pte. Ltd. Sells 143,700 Shares of KraneShares CSI China Internet ETF $KWEB

Corecam Pte. Ltd. lessened its position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 89.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 16,300 shares of the company’s stock after selling 143,700 shares during the period. Corecam Pte. Ltd.’s holdings in KraneShares CSI China Internet ETF were worth $555,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of KWEB. SBI Securities Co. Ltd. raised its position in KraneShares CSI China Internet ETF by 634.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 837 shares of the company’s stock valued at $28,000 after purchasing an additional 723 shares during the period. Manchester Capital Management LLC purchased a new position in shares of KraneShares CSI China Internet ETF in the 4th quarter worth approximately $32,000. JPL Wealth Management LLC bought a new position in shares of KraneShares CSI China Internet ETF during the 3rd quarter valued at approximately $34,000. Fortitude Family Office LLC bought a new position in shares of KraneShares CSI China Internet ETF during the 4th quarter valued at approximately $45,000. Finally, Compagnie Lombard Odier SCmA purchased a new stake in KraneShares CSI China Internet ETF during the 4th quarter valued at $45,000.

KraneShares CSI China Internet ETF Price Performance

Shares of KWEB opened at $25.24 on Friday. The business has a fifty day moving average of $27.99 and a 200 day moving average of $31.47. The company has a market cap of $5.67 billion, a PE ratio of 15.95 and a beta of 0.34. KraneShares CSI China Internet ETF has a 52-week low of $25.18 and a 52-week high of $43.37.

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.