Arkadios Wealth Advisors Sells 1,975 Shares of KraneShares CSI China Internet ETF $KWEB

Arkadios Wealth Advisors cut its position in KraneShares CSI China Internet ETF (NYSE:KWEB) by 8.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 22,523 shares of the company’s stock after selling 1,975 shares during the quarter. Arkadios Wealth Advisors’ holdings in KraneShares CSI China Internet ETF were worth $773,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Cambridge Investment Research Advisors Inc. increased its holdings in KraneShares CSI China Internet ETF by 13.0% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 24,539 shares of the company’s stock worth $857,000 after acquiring an additional 2,814 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in KraneShares CSI China Internet ETF by 15.9% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,199 shares of the company’s stock valued at $357,000 after purchasing an additional 1,399 shares during the last quarter. Private Trust Co. NA bought a new position in KraneShares CSI China Internet ETF during the first quarter worth about $127,000. D.A. Davidson & CO. purchased a new position in shares of KraneShares CSI China Internet ETF in the first quarter worth about $279,000. Finally, World Investment Advisors increased its stake in shares of KraneShares CSI China Internet ETF by 1.0% in the first quarter. World Investment Advisors now owns 41,625 shares of the company’s stock worth $1,453,000 after purchasing an additional 424 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Performance

Shares of KWEB stock opened at $39.95 on Monday. The firm’s 50 day moving average is $40.35 and its 200 day moving average is $36.51. KraneShares CSI China Internet ETF has a 12 month low of $27.27 and a 12 month high of $43.37.