Two Sigma Investments LP bought a new stake in KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Get Rating) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 380,000 shares of the company’s stock, valued at approximately $9,363,000. Two Sigma Investments LP owned approximately 0.18% of KraneShares CSI China Internet ETF at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Global Retirement Partners LLC purchased a new position in shares of KraneShares CSI China Internet ETF during the 3rd quarter worth about $34,000. CWM LLC raised its holdings in KraneShares CSI China Internet ETF by 22,187.5% in the third quarter. CWM LLC now owns 1,783 shares of the company’s stock valued at $44,000 after buying an additional 1,775 shares during the period. Eagle Bay Advisors LLC purchased a new position in KraneShares CSI China Internet ETF in the second quarter valued at approximately $56,000. Captrust Financial Advisors raised its holdings in KraneShares CSI China Internet ETF by 1,222.5% in the second quarter. Captrust Financial Advisors now owns 2,354 shares of the company’s stock valued at $77,000 after buying an additional 2,176 shares during the period. Finally, JTC Employer Solutions Trustee Ltd raised its holdings in KraneShares CSI China Internet ETF by 59.1% in the third quarter. JTC Employer Solutions Trustee Ltd now owns 3,500 shares of the company’s stock valued at $86,000 after buying an additional 1,300 shares during the period.
KraneShares CSI China Internet ETF Stock Performance
NYSEARCA KWEB opened at $28.67 on Tuesday. KraneShares CSI China Internet ETF has a one year low of $17.22 and a one year high of $36.19. The company’s 50 day moving average price is $32.64 and its 200 day moving average price is $28.43.
KraneShares CSI China Internet ETF Company 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.
Further Reading
- Get a free copy of the StockNews.com research report on KraneShares CSI China Internet ETF (KWEB)
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