Moors & Cabot Inc. grew its position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) by 395.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,178 shares of the company’s stock after purchasing an additional 28,878 shares during the period. Moors & Cabot Inc.’s holdings in KraneShares CSI China Internet ETF were worth $1,232,000 as of its most recent SEC filing.
A number of other large investors also recently added to or reduced their stakes in KWEB. SBI Securities Co. Ltd. lifted its stake in KraneShares CSI China Internet ETF by 634.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 837 shares of the company’s stock worth $28,000 after purchasing an additional 723 shares in the last quarter. JPL Wealth Management LLC acquired a new position in KraneShares CSI China Internet ETF during the third quarter worth $34,000. Fortitude Family Office LLC acquired a new position in KraneShares CSI China Internet ETF during the fourth quarter worth $45,000. Compagnie Lombard Odier SCmA acquired a new position in KraneShares CSI China Internet ETF during the fourth quarter worth $45,000. Finally, International Assets Investment Management LLC acquired a new position in KraneShares CSI China Internet ETF during the fourth quarter worth $49,000.
KraneShares CSI China Internet ETF Trading Up 0.3%
KraneShares CSI China Internet ETF stock opened at $26.73 on Friday. KraneShares CSI China Internet ETF has a twelve month low of $26.23 and a twelve month high of $43.37. The stock’s fifty day simple moving average is $28.56 and its 200-day simple moving average is $32.68. The firm has a market capitalization of $6.01 billion, a P/E ratio of 15.95 and a beta of 0.36.
About KraneShares CSI China Internet ETF
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.
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