KraneShares CSI China Internet ETF (NYSEARCA:KWEB) Stock Position Lifted by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. boosted its stake in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Get Rating) by 50.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 143,262 shares of the company’s stock after purchasing an additional 47,858 shares during the period. Raymond James Financial Services Advisors Inc. owned about 0.06% of KraneShares CSI China Internet ETF worth $4,327,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Institutional & Family Asset Management LLC grew its position in KraneShares CSI China Internet ETF by 261.0% during the fourth quarter. Institutional & Family Asset Management LLC now owns 61,336 shares of the company’s stock valued at $1,852,000 after purchasing an additional 44,344 shares in the last quarter. Alaska Permanent Fund Corp lifted its stake in KraneShares CSI China Internet ETF by 0.8% in the fourth quarter. Alaska Permanent Fund Corp now owns 4,532,042 shares of the company’s stock valued at $136,868,000 after acquiring an additional 37,716 shares during the last quarter. Banco BTG Pactual S.A. lifted its stake in KraneShares CSI China Internet ETF by 23.7% in the fourth quarter. Banco BTG Pactual S.A. now owns 20,650 shares of the company’s stock valued at $624,000 after acquiring an additional 3,950 shares during the last quarter. Belpointe Asset Management LLC acquired a new stake in KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $88,000. Finally, Axim Planning & Wealth acquired a new stake in KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $44,849,000.

KraneShares CSI China Internet ETF Trading Down 0.9 %

NYSEARCA KWEB opened at $26.60 on Friday. The company has a 50 day moving average price of $28.76 and a two-hundred day moving average price of $29.64. KraneShares CSI China Internet ETF has a 12-month low of $17.22 and a 12-month high of $36.19.

About KraneShares CSI China Internet ETF

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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.