2,273,203 Shares in KraneShares CSI China Internet ETF $KWEB Acquired by Bank of Nova Scotia

Bank of Nova Scotia acquired a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 2,273,203 shares of the company’s stock, valued at approximately $95,497,000. Bank of Nova Scotia owned 0.95% of KraneShares CSI China Internet ETF as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bessemer Group Inc. lifted its holdings in shares of KraneShares CSI China Internet ETF by 12.5% in the 3rd quarter. Bessemer Group Inc. now owns 7,130,716 shares of the company’s stock worth $299,561,000 after buying an additional 791,095 shares during the period. Temasek Holdings Private Ltd increased its stake in shares of KraneShares CSI China Internet ETF by 80.5% during the second quarter. Temasek Holdings Private Ltd now owns 3,273,592 shares of the company’s stock valued at $112,382,000 after buying an additional 1,459,884 shares during the period. Krane Funds Advisors LLC raised its holdings in shares of KraneShares CSI China Internet ETF by 4.9% in the third quarter. Krane Funds Advisors LLC now owns 3,224,901 shares of the company’s stock valued at $126,658,000 after acquiring an additional 151,300 shares in the last quarter. Quadrature Capital Ltd raised its holdings in shares of KraneShares CSI China Internet ETF by 350.0% in the third quarter. Quadrature Capital Ltd now owns 2,377,418 shares of the company’s stock valued at $99,875,000 after acquiring an additional 1,849,107 shares in the last quarter. Finally, Two Sigma Investments LP lifted its stake in KraneShares CSI China Internet ETF by 5.8% in the third quarter. Two Sigma Investments LP now owns 1,906,206 shares of the company’s stock worth $80,080,000 after acquiring an additional 103,850 shares during the period.

KraneShares CSI China Internet ETF Price Performance

NYSEARCA:KWEB opened at $30.16 on Monday. KraneShares CSI China Internet ETF has a 1-year low of $27.83 and a 1-year high of $43.37. The company has a 50-day moving average of $33.70 and a 200 day moving average of $37.00. The firm has a market cap of $7.30 billion, a PE ratio of 15.95 and a beta of 0.25.

KraneShares CSI China Internet ETF Company 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.