KG&L Capital Management LLC Makes New Investment in KraneShares CSI China Internet ETF $KWEB

KG&L Capital Management LLC acquired a new position in KraneShares CSI China Internet ETF (NYSE:KWEB) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 12,904 shares of the company’s stock, valued at approximately $443,000.

Other institutional investors have also added to or reduced their stakes in the company. Cambridge Investment Research Advisors Inc. raised its holdings in KraneShares CSI China Internet ETF by 13.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 24,539 shares of the company’s stock worth $857,000 after purchasing an additional 2,814 shares in the last quarter. D.A. Davidson & CO. bought a new position in KraneShares CSI China Internet ETF in the first quarter worth $279,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of KraneShares CSI China Internet ETF by 15.9% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,199 shares of the company’s stock valued at $357,000 after acquiring an additional 1,399 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of KraneShares CSI China Internet ETF by 12.1% during the first quarter. Janney Montgomery Scott LLC now owns 64,849 shares of the company’s stock valued at $2,264,000 after acquiring an additional 7,004 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in shares of KraneShares CSI China Internet ETF by 49.8% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 96,268 shares of the company’s stock valued at $3,361,000 after acquiring an additional 32,013 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Performance

Shares of NYSE:KWEB opened at $41.07 on Friday. KraneShares CSI China Internet ETF has a 1-year low of $27.27 and a 1-year high of $42.67. The business has a fifty day moving average price of $38.10 and a 200-day moving average price of $35.20.