Rovida Advisors Inc. acquired a new stake in KraneShares CSI China Internet ETF (NYSE:KWEB – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm acquired 150,000 shares of the company’s stock, valued at approximately $5,148,000. KraneShares CSI China Internet ETF comprises 0.8% of Rovida Advisors Inc.’s holdings, making the stock its 21st biggest position.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Bessemer Group Inc. increased its position in KraneShares CSI China Internet ETF by 0.9% in the 2nd quarter. Bessemer Group Inc. now owns 6,339,621 shares of the company’s stock valued at $217,640,000 after acquiring an additional 56,956 shares during the period. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of KraneShares CSI China Internet ETF by 75.7% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 4,177,000 shares of the company’s stock worth $145,819,000 after purchasing an additional 1,800,000 shares during the last quarter. National Bank of Canada FI raised its position in KraneShares CSI China Internet ETF by 83.7% during the 1st quarter. National Bank of Canada FI now owns 2,316,036 shares of the company’s stock worth $80,843,000 after purchasing an additional 1,055,227 shares during the last quarter. Voya Investment Management LLC acquired a new position in KraneShares CSI China Internet ETF during the 1st quarter worth about $63,838,000. Finally, Temasek Holdings Private Ltd grew its position in shares of KraneShares CSI China Internet ETF by 93.9% in the 1st quarter. Temasek Holdings Private Ltd now owns 1,813,708 shares of the company’s stock valued at $63,317,000 after buying an additional 878,118 shares during the last quarter.
KraneShares CSI China Internet ETF Stock Down 1.4%
KraneShares CSI China Internet ETF stock opened at $37.30 on Thursday. The stock’s 50 day moving average is $40.46 and its 200 day moving average is $37.14. KraneShares CSI China Internet ETF has a one year low of $27.27 and a one year high of $43.37.
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