Qube Research & Technologies Ltd Invests $3.18 Million in KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

Qube Research & Technologies Ltd purchased a new position in KraneShares CSI China Internet ETF (NYSEARCA:KWEBGet Rating) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 87,269 shares of the company’s stock, valued at approximately $3,184,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of KWEB. Parallel Advisors LLC raised its position in KraneShares CSI China Internet ETF by 28.3% during the fourth quarter. Parallel Advisors LLC now owns 1,275 shares of the company’s stock valued at $47,000 after acquiring an additional 281 shares in the last quarter. Hudock Inc. raised its position in KraneShares CSI China Internet ETF by 4.5% during the fourth quarter. Hudock Inc. now owns 7,449 shares of the company’s stock valued at $271,000 after acquiring an additional 324 shares in the last quarter. Wealth Quarterback LLC raised its position in KraneShares CSI China Internet ETF by 4.9% during the third quarter. Wealth Quarterback LLC now owns 9,349 shares of the company’s stock valued at $363,000 after acquiring an additional 433 shares in the last quarter. Brown Advisory Inc. raised its position in KraneShares CSI China Internet ETF by 4.1% during the fourth quarter. Brown Advisory Inc. now owns 11,723 shares of the company’s stock valued at $428,000 after acquiring an additional 461 shares in the last quarter. Finally, K.J. Harrison & Partners Inc raised its position in KraneShares CSI China Internet ETF by 4.9% during the fourth quarter. K.J. Harrison & Partners Inc now owns 10,630 shares of the company’s stock valued at $388,000 after acquiring an additional 500 shares in the last quarter.

Shares of KraneShares CSI China Internet ETF stock opened at $28.81 on Monday. The company’s fifty day moving average price is $32.06 and its two-hundred day moving average price is $39.72. KraneShares CSI China Internet ETF has a 52-week low of $20.41 and a 52-week high of $79.16.

Separately, Citigroup upgraded KraneShares CSI China Internet ETF from a “neutral” rating to an “outperform” rating in a report on Wednesday, March 16th. They noted that the move was a valuation call.

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Institutional Ownership by Quarter for KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

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