Envestnet Asset Management Inc. Cuts Stock Position in KraneShares CSI China Internet ETF (NYSE:KWEB)

Envestnet Asset Management Inc. trimmed its position in KraneShares CSI China Internet ETF (NYSE:KWEB) by 66.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 24,332 shares of the company’s stock after selling 48,437 shares during the period. Envestnet Asset Management Inc.’s holdings in KraneShares CSI China Internet ETF were worth $711,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the company. Annandale Capital LLC purchased a new position in shares of KraneShares CSI China Internet ETF in the fourth quarter worth $1,515,000. World Investment Advisors acquired a new stake in KraneShares CSI China Internet ETF during the 4th quarter valued at approximately $1,205,000. National Bank of Canada FI raised its stake in shares of KraneShares CSI China Internet ETF by 29,608.0% during the 4th quarter. National Bank of Canada FI now owns 1,260,809 shares of the company’s stock valued at $36,866,000 after buying an additional 1,256,565 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in KraneShares CSI China Internet ETF by 200.0% in the fourth quarter. JPMorgan Chase & Co. now owns 3,663,173 shares of the company’s stock valued at $107,111,000 after acquiring an additional 2,442,107 shares during the period. Finally, Rovida Investment Management Ltd purchased a new stake in KraneShares CSI China Internet ETF during the fourth quarter worth $2,922,000.

KraneShares CSI China Internet ETF Trading Up 4.5 %

Shares of NYSE KWEB opened at $33.60 on Friday. KraneShares CSI China Internet ETF has a 52-week low of $24.68 and a 52-week high of $39.17. The company’s 50-day simple moving average is $33.49 and its 200-day simple moving average is $32.04.