Glaxis Capital Management LLC Takes Position in KraneShares CSI China Internet ETF $KWEB

Glaxis Capital Management LLC acquired a new stake in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 21,400 shares of the company’s stock, valued at approximately $729,000. KraneShares CSI China Internet ETF accounts for about 1.2% of Glaxis Capital Management LLC’s holdings, making the stock its 20th biggest position.

Several other institutional investors and hedge funds have also modified their holdings of KWEB. Banque Cantonale Vaudoise grew its position in shares of KraneShares CSI China Internet ETF by 2.9% in the third quarter. Banque Cantonale Vaudoise now owns 9,953 shares of the company’s stock valued at $418,000 after purchasing an additional 284 shares in the last quarter. Magnus Financial Group LLC grew its position in shares of KraneShares CSI China Internet ETF by 2.4% in the fourth quarter. Magnus Financial Group LLC now owns 15,901 shares of the company’s stock valued at $541,000 after purchasing an additional 380 shares in the last quarter. TAGStone Capital Inc. grew its position in shares of KraneShares CSI China Internet ETF by 6.1% in the fourth quarter. TAGStone Capital Inc. now owns 6,815 shares of the company’s stock valued at $232,000 after purchasing an additional 390 shares in the last quarter. Highline Wealth Partners LLC grew its position in shares of KraneShares CSI China Internet ETF by 5.6% in the fourth quarter. Highline Wealth Partners LLC now owns 7,994 shares of the company’s stock valued at $272,000 after purchasing an additional 424 shares in the last quarter. Finally, Larson Financial Group LLC grew its position in shares of KraneShares CSI China Internet ETF by 6.1% in the fourth quarter. Larson Financial Group LLC now owns 8,490 shares of the company’s stock valued at $289,000 after purchasing an additional 487 shares in the last quarter.

KraneShares CSI China Internet ETF Price Performance

KWEB stock opened at $26.57 on Friday. The business has a 50 day simple moving average of $28.29 and a 200-day simple moving average of $31.92. The firm has a market capitalization of $5.97 billion, a PE ratio of 15.95 and a beta of 0.34. KraneShares CSI China Internet ETF has a 1 year low of $25.90 and a 1 year high of $43.37.

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.