Laurel Wealth Advisors LLC Increases Stock Holdings in KraneShares Bosera MSCI China A 50 Connect Index ETF $KBA

Laurel Wealth Advisors LLC boosted its holdings in KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) by 2,328.0% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 9,712 shares of the company’s stock after buying an additional 9,312 shares during the quarter. Laurel Wealth Advisors LLC’s holdings in KraneShares Bosera MSCI China A 50 Connect Index ETF were worth $236,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. grew its holdings in KraneShares Bosera MSCI China A 50 Connect Index ETF by 27.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 4,892 shares of the company’s stock valued at $116,000 after buying an additional 1,052 shares during the period. Comerica Bank lifted its holdings in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 92.6% during the 1st quarter. Comerica Bank now owns 8,217 shares of the company’s stock worth $194,000 after acquiring an additional 3,950 shares during the period. Basso Capital Management L.P. boosted its position in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 16.3% in the first quarter. Basso Capital Management L.P. now owns 9,300 shares of the company’s stock worth $220,000 after acquiring an additional 1,300 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 36.3% in the first quarter. Envestnet Asset Management Inc. now owns 23,624 shares of the company’s stock worth $558,000 after acquiring an additional 6,287 shares during the last quarter. Finally, DRW Securities LLC purchased a new stake in KraneShares Bosera MSCI China A 50 Connect Index ETF in the first quarter valued at approximately $1,865,000.

KraneShares Bosera MSCI China A 50 Connect Index ETF Stock Performance

Shares of KBA stock opened at $30.17 on Friday. The firm has a market capitalization of $238.34 million, a price-to-earnings ratio of 13.75 and a beta of 0.10. KraneShares Bosera MSCI China A 50 Connect Index ETF has a one year low of $20.70 and a one year high of $31.40. The company has a 50 day moving average price of $30.01 and a 200 day moving average price of $27.20.

KraneShares Bosera MSCI China A 50 Connect Index ETF Profile

The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that is based on the MSCI China A 50 Connect index. The fund tracks a subset of market cap-weighted large- and mid-cap Chinese equities listed in Shanghai and Shenzhen. KBA was launched on Mar 5, 2014 and is managed by KraneShares.