International Assets Investment Management LLC Makes New Investment in KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

International Assets Investment Management LLC acquired a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the fourth quarter, Holdings Channel reports. The institutional investor acquired 7,411 shares of the company’s stock, valued at approximately $200,000.

Other large investors have also modified their holdings of the company. Headlands Technologies LLC purchased a new stake in shares of KraneShares CSI China Internet ETF during the third quarter worth $25,000. NBC Securities Inc. purchased a new position in KraneShares CSI China Internet ETF in the third quarter valued at $38,000. Solstein Capital LLC purchased a new position in KraneShares CSI China Internet ETF in the fourth quarter valued at $38,000. Institutional & Family Asset Management LLC purchased a new position in KraneShares CSI China Internet ETF in the third quarter valued at $44,000. Finally, EPG Wealth Management LLC increased its holdings in KraneShares CSI China Internet ETF by 133.5% in the third quarter. EPG Wealth Management LLC now owns 3,061 shares of the company’s stock valued at $84,000 after buying an additional 1,750 shares during the last quarter.

KraneShares CSI China Internet ETF Price Performance

NYSEARCA:KWEB opened at $28.80 on Monday. The firm has a market capitalization of $5.96 billion, a PE ratio of 20.84 and a beta of 1.28. The business’s fifty day moving average price is $26.22 and its 200 day moving average price is $26.18. KraneShares CSI China Internet ETF has a 12 month low of $22.68 and a 12 month high of $32.06.

KraneShares CSI China Internet ETF 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.