Krane Funds Advisors LLC lowered its stake in KraneShares CSI China Internet ETF (NYSE:KWEB – Free Report) by 97.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 186,080 shares of the company’s stock after selling 6,795,433 shares during the quarter. KraneShares CSI China Internet ETF makes up 5.4% of Krane Funds Advisors LLC’s investment portfolio, making the stock its 3rd largest holding. Krane Funds Advisors LLC’s holdings in KraneShares CSI China Internet ETF were worth $6,330,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. M&R Capital Management Inc. purchased a new position in shares of KraneShares CSI China Internet ETF during the third quarter valued at $34,000. International Assets Investment Management LLC acquired a new position in KraneShares CSI China Internet ETF in the 2nd quarter worth about $31,000. Mather Group LLC. raised its stake in shares of KraneShares CSI China Internet ETF by 243.9% during the 2nd quarter. Mather Group LLC. now owns 1,221 shares of the company’s stock worth $32,000 after purchasing an additional 866 shares in the last quarter. Hexagon Capital Partners LLC raised its stake in shares of KraneShares CSI China Internet ETF by 69.8% during the 3rd quarter. Hexagon Capital Partners LLC now owns 4,380 shares of the company’s stock worth $149,000 after purchasing an additional 1,800 shares in the last quarter. Finally, Friedenthal Financial acquired a new stake in shares of KraneShares CSI China Internet ETF during the 2nd quarter valued at about $119,000.
KraneShares CSI China Internet ETF Price Performance
Shares of NYSE KWEB opened at $31.17 on Friday. The firm has a 50 day moving average price of $28.97. KraneShares CSI China Internet ETF has a 52 week low of $22.68 and a 52 week high of $39.17.
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