Vontobel Holding Ltd. Purchases 9,471 Shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

Vontobel Holding Ltd. lifted its position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 20.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 56,926 shares of the company’s stock after buying an additional 9,471 shares during the period. Vontobel Holding Ltd.’s holdings in KraneShares CSI China Internet ETF were worth $1,537,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. ORG Partners LLC lifted its stake in KraneShares CSI China Internet ETF by 2.1% in the 4th quarter. ORG Partners LLC now owns 35,730 shares of the company’s stock valued at $965,000 after purchasing an additional 744 shares during the last quarter. Perigon Wealth Management LLC lifted its stake in KraneShares CSI China Internet ETF by 7.7% in the 4th quarter. Perigon Wealth Management LLC now owns 11,207 shares of the company’s stock valued at $303,000 after purchasing an additional 800 shares during the last quarter. Helios Capital Management PTE. Ltd. bought a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at approximately $297,000. SOL Capital Management CO lifted its stake in KraneShares CSI China Internet ETF by 9.4% in the 4th quarter. SOL Capital Management CO now owns 47,570 shares of the company’s stock valued at $1,284,000 after purchasing an additional 4,100 shares during the last quarter. Finally, International Assets Investment Management LLC bought a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at approximately $200,000.

KraneShares CSI China Internet ETF Price Performance

Shares of NYSEARCA:KWEB opened at $25.51 on Friday. KraneShares CSI China Internet ETF has a one year low of $22.68 and a one year high of $32.06. The firm has a 50 day simple moving average of $25.95 and a 200 day simple moving average of $26.19. The company has a market cap of $5.28 billion, a price-to-earnings ratio of 20.84 and a beta of 1.28.

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.