Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD Makes New Investment in KraneShares CSI China Internet ETF $KWEB

Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD purchased a new stake in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 873,364 shares of the company’s stock, valued at approximately $21,371,000.

Other hedge funds also recently bought and sold shares of the company. Titan Global Capital Management USA LLC grew its position in shares of KraneShares CSI China Internet ETF by 2.4% in the second quarter. Titan Global Capital Management USA LLC now owns 66,268 shares of the company’s stock valued at $1,622,000 after purchasing an additional 1,550 shares during the last quarter. Everstar Asset Management LLC lifted its position in shares of KraneShares CSI China Internet ETF by 53.3% during the 2nd quarter. Everstar Asset Management LLC now owns 81,304 shares of the company’s stock worth $1,990,000 after purchasing an additional 28,259 shares during the last quarter. Steadtrust LLC acquired a new position in shares of KraneShares CSI China Internet ETF during the 2nd quarter worth about $580,000. AFG Fiduciary Services Limited Partnership lifted its position in shares of KraneShares CSI China Internet ETF by 28.8% during the 2nd quarter. AFG Fiduciary Services Limited Partnership now owns 26,974 shares of the company’s stock worth $674,000 after purchasing an additional 6,025 shares during the last quarter. Finally, 180 Wealth Advisors LLC boosted its stake in KraneShares CSI China Internet ETF by 46.9% during the 2nd quarter. 180 Wealth Advisors LLC now owns 65,615 shares of the company’s stock valued at $1,606,000 after purchasing an additional 20,947 shares during the period.

KraneShares CSI China Internet ETF Stock Up 0.6%

KWEB opened at $27.01 on Friday. The firm has a market capitalization of $5.35 billion, a P/E ratio of 15.95 and a beta of 0.36. The stock’s 50 day moving average price is $26.47 and its two-hundred day moving average price is $28.82. KraneShares CSI China Internet ETF has a 12-month low of $23.23 and a 12-month high of $43.37.

KraneShares CSI China Internet ETF Profile

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.