SG Americas Securities LLC Cuts Stake in KraneShares CSI China Internet ETF $KWEB

SG Americas Securities LLC lessened its stake in KraneShares CSI China Internet ETF (NYSE:KWEB) by 50.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 40,429 shares of the company’s stock after selling 40,590 shares during the quarter. SG Americas Securities LLC’s holdings in KraneShares CSI China Internet ETF were worth $1,388,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently bought and sold shares of KWEB. Cetera Investment Advisers grew its position in KraneShares CSI China Internet ETF by 0.7% during the 1st quarter. Cetera Investment Advisers now owns 41,257 shares of the company’s stock valued at $1,440,000 after purchasing an additional 299 shares during the last quarter. Viewpoint Capital Management LLC grew its holdings in shares of KraneShares CSI China Internet ETF by 0.3% during the second quarter. Viewpoint Capital Management LLC now owns 108,476 shares of the company’s stock valued at $3,724,000 after buying an additional 320 shares during the last quarter. Magnus Financial Group LLC increased its position in shares of KraneShares CSI China Internet ETF by 3.2% during the second quarter. Magnus Financial Group LLC now owns 15,303 shares of the company’s stock valued at $525,000 after acquiring an additional 477 shares in the last quarter. ORG Partners LLC increased its position in shares of KraneShares CSI China Internet ETF by 82.5% during the second quarter. ORG Partners LLC now owns 1,175 shares of the company’s stock valued at $40,000 after acquiring an additional 531 shares in the last quarter. Finally, Northstar Group Inc. raised its holdings in KraneShares CSI China Internet ETF by 6.6% in the 2nd quarter. Northstar Group Inc. now owns 12,376 shares of the company’s stock worth $425,000 after acquiring an additional 768 shares during the last quarter.

KraneShares CSI China Internet ETF Stock Down 2.9%

KWEB stock opened at $36.23 on Friday. KraneShares CSI China Internet ETF has a 12-month low of $27.27 and a 12-month high of $43.37. The stock’s 50 day simple moving average is $40.37 and its 200 day simple moving average is $37.13.