Glaxis Capital Management LLC Takes Position in KraneShares CSI China Internet ETF $KWEB

Glaxis Capital Management LLC purchased a new stake in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 21,400 shares of the company’s stock, valued at approximately $729,000. KraneShares CSI China Internet ETF makes up 1.2% of Glaxis Capital Management LLC’s investment portfolio, making the stock its 20th largest holding.

A number of other large investors have also made changes to their positions in the stock. Bank of Nova Scotia acquired a new position in KraneShares CSI China Internet ETF in the third quarter valued at approximately $95,497,000. Quadrature Capital Ltd lifted its holdings in 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 during the last quarter. BlueCrest Capital Management Ltd lifted its holdings in KraneShares CSI China Internet ETF by 421.5% in the third quarter. BlueCrest Capital Management Ltd now owns 2,127,701 shares of the company’s stock valued at $89,385,000 after acquiring an additional 1,719,701 shares during the last quarter. Robinhood Asset Management LLC acquired a new position in KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $54,053,000. Finally, MKP Capital Management L.L.C. acquired a new position in KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $30,417,000.

KraneShares CSI China Internet ETF Stock Performance

KWEB opened at $26.57 on Friday. KraneShares CSI China Internet ETF has a one year low of $25.90 and a one year high of $43.37. The stock has a market capitalization of $5.97 billion, a PE ratio of 15.95 and a beta of 0.34. The business’s 50 day moving average price is $28.29 and its 200 day moving average price is $31.92.

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.