KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. grew its holdings in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) by 36.3% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,624 shares of the company’s stock after purchasing an additional 6,287 shares during the period. Envestnet Asset Management Inc. owned approximately 0.32% of KraneShares Bosera MSCI China A 50 Connect Index ETF worth $558,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wells Fargo & Company MN increased its position in KraneShares Bosera MSCI China A 50 Connect Index ETF by 353.1% during the 4th quarter. Wells Fargo & Company MN now owns 5,809 shares of the company’s stock worth $136,000 after purchasing an additional 4,527 shares during the period. Walleye Capital LLC acquired a new stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF in the 4th quarter worth approximately $218,000. Stablepoint Partners LLC increased its stake in KraneShares Bosera MSCI China A 50 Connect Index ETF by 4.5% in the 1st quarter. Stablepoint Partners LLC now owns 10,481 shares of the company’s stock valued at $248,000 after purchasing an additional 448 shares in the last quarter. Raymond James Financial Inc. acquired a new position in KraneShares Bosera MSCI China A 50 Connect Index ETF during the fourth quarter worth $255,000. Finally, D. E. Shaw & Co. Inc. acquired a new position in KraneShares Bosera MSCI China A 50 Connect Index ETF during the fourth quarter worth $580,000.

KraneShares Bosera MSCI China A 50 Connect Index ETF Stock Performance

Shares of KBA stock opened at $25.55 on Wednesday. The stock has a fifty day moving average price of $24.49 and a 200 day moving average price of $23.78. The stock has a market cap of $183.96 million, a PE ratio of 13.75 and a beta of 0.40. KraneShares Bosera MSCI China A 50 Connect Index ETF has a 1 year low of $20.64 and a 1 year high of $31.19.

KraneShares Bosera MSCI China A 50 Connect Index ETF Profile

The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that is based on the MSCI China A 50 Connect index. The fund tracks a subset of market cap-weighted large- and mid-cap Chinese equities listed in Shanghai and Shenzhen. KBA was launched on Mar 5, 2014 and is managed by KraneShares.