KraneShares CSI China Internet ETF $KWEB Shares Sold by Altfest L J & Co. Inc.

Altfest L J & Co. Inc. lessened its position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 94.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,338 shares of the company’s stock after selling 172,174 shares during the period. Altfest L J & Co. Inc.’s holdings in KraneShares CSI China Internet ETF were worth $318,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. KG&L Capital Management LLC acquired a new position in KraneShares CSI China Internet ETF during the 4th quarter valued at about $446,000. Gainplan LLC increased its stake in KraneShares CSI China Internet ETF by 1.2% during the 4th quarter. Gainplan LLC now owns 80,580 shares of the company’s stock valued at $2,744,000 after buying an additional 931 shares during the period. Garrison Bradford & Associates Inc. increased its stake in KraneShares CSI China Internet ETF by 172.7% during the 4th quarter. Garrison Bradford & Associates Inc. now owns 17,355 shares of the company’s stock valued at $591,000 after buying an additional 10,990 shares during the period. Fiduciary Alliance LLC increased its stake in KraneShares CSI China Internet ETF by 3.4% during the 4th quarter. Fiduciary Alliance LLC now owns 54,353 shares of the company’s stock valued at $1,851,000 after buying an additional 1,769 shares during the period. Finally, Prime Capital Investment Advisors LLC increased its stake in KraneShares CSI China Internet ETF by 6.1% during the 4th quarter. Prime Capital Investment Advisors LLC now owns 31,292 shares of the company’s stock valued at $1,065,000 after buying an additional 1,800 shares during the period.

KraneShares CSI China Internet ETF Stock Performance

KraneShares CSI China Internet ETF stock opened at $28.70 on Monday. The stock has a market cap of $6.22 billion, a price-to-earnings ratio of 15.95 and a beta of 0.37. The company’s 50-day moving average price is $30.74 and its two-hundred day moving average price is $35.41. KraneShares CSI China Internet ETF has a 52 week low of $27.62 and a 52 week high of $43.37.

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.