IFG Advisory LLC Takes $549,000 Position in KraneShares CSI China Internet ETF (NYSE:KWEB)

IFG Advisory LLC purchased a new position in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 20,328 shares of the company’s stock, valued at approximately $549,000.

Several other institutional investors also recently added to or reduced their stakes in the company. International Assets Investment Management LLC purchased a new position in shares of KraneShares CSI China Internet ETF during the second quarter worth approximately $31,000. Mather Group LLC. grew its position in KraneShares CSI China Internet ETF by 243.9% during the 2nd quarter. Mather Group LLC. now owns 1,221 shares of the company’s stock worth $32,000 after purchasing an additional 866 shares during the last quarter. Friedenthal Financial acquired a new position in KraneShares CSI China Internet ETF in the second quarter valued at $119,000. EverSource Wealth Advisors LLC increased its stake in KraneShares CSI China Internet ETF by 91,900.0% in the first quarter. EverSource Wealth Advisors LLC now owns 4,600 shares of the company’s stock valued at $128,000 after purchasing an additional 4,595 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. raised its holdings in shares of KraneShares CSI China Internet ETF by 17.8% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 4,700 shares of the company’s stock valued at $128,000 after buying an additional 710 shares during the last quarter.

KraneShares CSI China Internet ETF Price Performance

Shares of KWEB opened at $25.69 on Monday. KraneShares CSI China Internet ETF has a fifty-two week low of $22.68 and a fifty-two week high of $32.63. The business’s 50-day simple moving average is $26.84.