Cresset Asset Management LLC Increases Stock Position in KraneShares CSI China Internet ETF (NYSE:KWEB)

Cresset Asset Management LLC increased its position in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 1.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 38,929 shares of the company’s stock after buying an additional 372 shares during the period. Cresset Asset Management LLC’s holdings in KraneShares CSI China Internet ETF were worth $1,138,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in KWEB. Wilmington Savings Fund Society FSB lifted its holdings in KraneShares CSI China Internet ETF by 466.7% during the fourth quarter. Wilmington Savings Fund Society FSB now owns 850 shares of the company’s stock valued at $25,000 after purchasing an additional 700 shares in the last quarter. Oakworth Capital Inc. purchased a new position in KraneShares CSI China Internet ETF during the fourth quarter valued at $78,000. IFP Advisors Inc lifted its holdings in KraneShares CSI China Internet ETF by 553.4% during the fourth quarter. IFP Advisors Inc now owns 3,306 shares of the company’s stock valued at $97,000 after purchasing an additional 2,800 shares in the last quarter. Farther Finance Advisors LLC lifted its holdings in KraneShares CSI China Internet ETF by 15.0% during the fourth quarter. Farther Finance Advisors LLC now owns 7,525 shares of the company’s stock valued at $220,000 after purchasing an additional 984 shares in the last quarter. Finally, Northstar Group Inc. lifted its holdings in KraneShares CSI China Internet ETF by 28.3% during the fourth quarter. Northstar Group Inc. now owns 7,863 shares of the company’s stock valued at $230,000 after purchasing an additional 1,735 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Down 1.3%

KWEB opened at $32.93 on Monday. KraneShares CSI China Internet ETF has a 52-week low of $24.68 and a 52-week high of $39.17. The firm’s fifty day simple moving average is $33.40 and its two-hundred day simple moving average is $32.08.