Kazazian Asset Management LLC Takes $489,000 Position in KraneShares CSI China Internet ETF (NYSE:KWEB)

Kazazian Asset Management LLC acquired a new stake in KraneShares CSI China Internet ETF (NYSE:KWEB) in the fourth quarter, Holdings Channel.com reports. The firm acquired 16,723 shares of the company’s stock, valued at approximately $489,000.

A number of other large investors also recently modified their holdings of the company. RPg Family Wealth Advisory LLC boosted its position in shares of KraneShares CSI China Internet ETF by 14.7% in the fourth quarter. RPg Family Wealth Advisory LLC now owns 145,475 shares of the company’s stock valued at $4,254,000 after acquiring an additional 18,674 shares during the period. Appaloosa LP boosted its position in shares of KraneShares CSI China Internet ETF by 21.5% in the fourth quarter. Appaloosa LP now owns 4,575,695 shares of the company’s stock valued at $133,793,000 after acquiring an additional 810,695 shares during the period. Farther Finance Advisors LLC boosted its position in shares of KraneShares CSI China Internet ETF by 15.0% in the fourth quarter. Farther Finance Advisors LLC now owns 7,525 shares of the company’s stock valued at $220,000 after acquiring an additional 984 shares during the period. Independent Advisor Alliance bought a new position in shares of KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $294,000. Finally, Mount Lucas Management LP boosted its position in shares of KraneShares CSI China Internet ETF by 8.9% in the fourth quarter. Mount Lucas Management LP now owns 1,507,900 shares of the company’s stock valued at $44,091,000 after acquiring an additional 122,900 shares during the period.

KraneShares CSI China Internet ETF Stock Performance

KWEB stock opened at $37.83 on Wednesday. The firm has a 50 day moving average of $32.90 and a 200-day moving average of $31.52. KraneShares CSI China Internet ETF has a 12 month low of $24.68 and a 12 month high of $39.17.