Silverleafe Capital Partners LLC Invests $775,000 in KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

Silverleafe Capital Partners LLC acquired a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 29,511 shares of the company’s stock, valued at approximately $775,000.

A number of other hedge funds have also made changes to their positions in the company. Solstein Capital LLC acquired a new stake in KraneShares CSI China Internet ETF in the 4th quarter valued at about $38,000. Tower Research Capital LLC TRC grew its position in shares of KraneShares CSI China Internet ETF by 273.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,520 shares of the company’s stock worth $68,000 after buying an additional 1,846 shares during the period. BOCHK Asset Management Ltd acquired a new stake in shares of KraneShares CSI China Internet ETF during the 4th quarter worth approximately $135,000. Optiver Holding B.V. grew its position in shares of KraneShares CSI China Internet ETF by 128.8% during the 4th quarter. Optiver Holding B.V. now owns 5,090 shares of the company’s stock worth $137,000 after buying an additional 2,865 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in shares of KraneShares CSI China Internet ETF during the 4th quarter worth approximately $200,000.

KraneShares CSI China Internet ETF Price Performance

Shares of NYSEARCA:KWEB opened at $27.02 on Friday. KraneShares CSI China Internet ETF has a one year low of $22.68 and a one year high of $32.63. The company has a 50 day moving average of $29.34 and a 200-day moving average of $26.92. The stock has a market cap of $5.36 billion, a price-to-earnings ratio of 22.48 and a beta of 1.30.

KraneShares CSI China Internet ETF 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.