KraneShares CSI China Internet ETF $KWEB Shares Newly Purchased by Chicago Partners Investment Group LLC

Chicago Partners Investment Group LLC purchased a new position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 402,620 shares of the company’s stock, valued at approximately $9,317,000.

Other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE lifted its position in KraneShares CSI China Internet ETF by 32.1% during the first quarter. Bank of America Corp DE now owns 11,090,675 shares of the company’s stock valued at $315,308,000 after purchasing an additional 2,693,759 shares during the period. Clal Insurance Enterprises Holdings Ltd boosted its holdings in KraneShares CSI China Internet ETF by 54.4% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,186,516 shares of the company’s stock worth $62,163,000 after purchasing an additional 770,000 shares during the last quarter. Compass Rose Asset Management LP boosted its holdings in KraneShares CSI China Internet ETF by 123.6% in the first quarter. Compass Rose Asset Management LP now owns 1,230,000 shares of the company’s stock worth $34,969,000 after purchasing an additional 680,000 shares during the last quarter. NWI Management LP bought a new stake in KraneShares CSI China Internet ETF in the 1st quarter worth approximately $25,587,000. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD bought a new stake in KraneShares CSI China Internet ETF in the 2nd quarter worth approximately $21,371,000.

KraneShares CSI China Internet ETF Trading Up 4.5%

Shares of KWEB opened at $24.32 on Thursday. The firm has a market cap of $4.52 billion, a PE ratio of 15.95 and a beta of 0.34. The firm has a fifty day simple moving average of $24.51 and a two-hundred day simple moving average of $27.87. KraneShares CSI China Internet ETF has a 1-year low of $22.54 and a 1-year high of $40.10.

KraneShares CSI China Internet ETF 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.