Private Advisor Group LLC decreased its holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) by 56.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 45,756 shares of the company’s stock after selling 59,551 shares during the quarter. Private Advisor Group LLC’s holdings in KraneShares CSI China Internet ETF were worth $1,301,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of KWEB. SBI Securities Co. Ltd. raised its stake in shares of 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 in the last quarter. Manchester Capital Management LLC bought a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at about $32,000. JPL Wealth Management LLC acquired a new position in KraneShares CSI China Internet ETF during the 3rd quarter valued at about $34,000. Fortitude Family Office LLC acquired a new stake in shares of KraneShares CSI China Internet ETF in the 4th quarter worth approximately $45,000. Finally, Compagnie Lombard Odier SCmA acquired a new stake in shares of KraneShares CSI China Internet ETF in the 4th quarter worth approximately $45,000.
KraneShares CSI China Internet ETF Price Performance
KraneShares CSI China Internet ETF stock opened at $26.38 on Monday. KraneShares CSI China Internet ETF has a 12-month low of $23.23 and a 12-month high of $43.37. The stock has a market capitalization of $5.24 billion, a PE ratio of 15.95 and a beta of 0.35. The firm has a 50 day simple moving average of $26.77 and a 200-day simple moving average of $30.19.
About KraneShares CSI China Internet ETF
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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