126,503 Shares in KraneShares CSI China Internet ETF $KWEB Acquired by Amitell Capital Pte Ltd

Amitell Capital Pte Ltd acquired a new stake in KraneShares CSI China Internet ETF (NYSE:KWEB) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 126,503 shares of the company’s stock, valued at approximately $5,314,000. KraneShares CSI China Internet ETF accounts for approximately 3.2% of Amitell Capital Pte Ltd’s portfolio, making the stock its 9th biggest holding. Amitell Capital Pte Ltd owned approximately 0.05% of KraneShares CSI China Internet ETF at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of KWEB. Quaker Wealth Management LLC boosted its holdings in KraneShares CSI China Internet ETF by 200.0% in the second quarter. Quaker Wealth Management LLC now owns 1,000 shares of the company’s stock valued at $34,000 after acquiring an additional 2,000 shares in the last quarter. Golden State Wealth Management LLC boosted its stake in shares of KraneShares CSI China Internet ETF by 4,640.7% during the 3rd quarter. Golden State Wealth Management LLC now owns 1,280 shares of the company’s stock valued at $54,000 after purchasing an additional 1,253 shares in the last quarter. PNC Financial Services Group Inc. increased its position in shares of KraneShares CSI China Internet ETF by 113.4% during the third quarter. PNC Financial Services Group Inc. now owns 1,494 shares of the company’s stock valued at $63,000 after buying an additional 794 shares during the period. Mather Group LLC. bought a new position in shares of KraneShares CSI China Internet ETF in the 3rd quarter worth approximately $84,000. Finally, Global Trust Asset Management LLC purchased a new position in KraneShares CSI China Internet ETF during the third quarter valued at $97,000.

KraneShares CSI China Internet ETF Stock Performance

KraneShares CSI China Internet ETF stock opened at $32.24 on Thursday. KraneShares CSI China Internet ETF has a twelve month low of $27.83 and a twelve month high of $43.37. The stock’s 50 day moving average is $34.78 and its 200 day moving average is $37.59.

The KraneShares CSI China Internet ETF (NYSE: KWEB) is an exchange-traded fund designed to offer investors targeted exposure to China’s rapidly evolving internet sector. Launched in May 2013, the fund seeks to track the CSI China Overseas Internet Index, which captures the performance of Chinese companies primarily engaged in internet and internet-related activities. KWEB provides access to companies operating across e-commerce, online gaming, social media, internet search, online entertainment and education, and related services.

The fund holds a diversified portfolio of equities that includes American depositary receipts (ADRs), Hong Kong–listed H-shares and companies trading on Chinese mainland exchanges.