Migdal Insurance & Financial Holdings Ltd. Buys New Shares in KraneShares CSI China Internet ETF (NYSE:KWEB)

Migdal Insurance & Financial Holdings Ltd. bought a new stake in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) in the 1st quarter, HoldingsChannel reports. The firm bought 3,611,134 shares of the company’s stock, valued at approximately $126,065,000. KraneShares CSI China Internet ETF accounts for about 1.8% of Migdal Insurance & Financial Holdings Ltd.’s holdings, making the stock its 18th largest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Harbor Investment Advisory LLC lifted its position in shares of KraneShares CSI China Internet ETF by 1,033.8% in the 1st quarter. Harbor Investment Advisory LLC now owns 873 shares of the company’s stock valued at $30,000 after acquiring an additional 796 shares in the last quarter. Park Square Financial Group LLC acquired a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at $35,000. Union Bancaire Privee UBP SA acquired a new position in KraneShares CSI China Internet ETF in the 1st quarter valued at $35,000. CWM LLC grew its stake in KraneShares CSI China Internet ETF by 146,000.0% in the 1st quarter. CWM LLC now owns 1,461 shares of the company’s stock valued at $51,000 after buying an additional 1,460 shares during the last quarter. Finally, Dunhill Financial LLC boosted its holdings in KraneShares CSI China Internet ETF by 34.7% in the 1st quarter. Dunhill Financial LLC now owns 2,063 shares of the company’s stock valued at $72,000 after purchasing an additional 532 shares during the period.

KraneShares CSI China Internet ETF Price Performance

KraneShares CSI China Internet ETF stock traded up $0.93 during mid-day trading on Friday, reaching $36.64. The company had a trading volume of 4,451,730 shares, compared to its average volume of 22,867,934. The company has a 50 day moving average of $34.17 and a 200-day moving average of $33.08. KraneShares CSI China Internet ETF has a 52 week low of $24.68 and a 52 week high of $39.17.