KraneShares CSI China Internet ETF $KWEB Shares Acquired by Moors & Cabot Inc.

Moors & Cabot Inc. boosted its position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 395.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 36,178 shares of the company’s stock after purchasing an additional 28,878 shares during the period. Moors & Cabot Inc.’s holdings in KraneShares CSI China Internet ETF were worth $1,232,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in KWEB. NewEdge Advisors LLC lifted its position in KraneShares CSI China Internet ETF by 11.3% in the first quarter. NewEdge Advisors LLC now owns 23,424 shares of the company’s stock valued at $818,000 after purchasing an additional 2,383 shares during the period. Empowered Funds LLC acquired a new stake in KraneShares CSI China Internet ETF in the first quarter valued at about $1,518,000. Creative Planning lifted its position in KraneShares CSI China Internet ETF by 38.9% in the second quarter. Creative Planning now owns 9,204 shares of the company’s stock valued at $316,000 after purchasing an additional 2,579 shares during the period. Baird Financial Group Inc. lifted its position in KraneShares CSI China Internet ETF by 2.9% in the second quarter. Baird Financial Group Inc. now owns 24,580 shares of the company’s stock valued at $844,000 after purchasing an additional 683 shares during the period. Finally, Main Street Financial Solutions LLC acquired a new stake in KraneShares CSI China Internet ETF in the second quarter valued at about $275,000.

KraneShares CSI China Internet ETF Stock Up 0.3%

Shares of NYSEARCA:KWEB opened at $26.73 on Friday. The company has a market cap of $6.01 billion, a P/E ratio of 15.95 and a beta of 0.36. KraneShares CSI China Internet ETF has a 52 week low of $26.23 and a 52 week high of $43.37. The company has a 50-day moving average price of $28.56 and a 200 day moving average price of $32.68.

About KraneShares CSI China Internet ETF

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.