Two Sigma Securities LLC Acquires 84,374 Shares of KraneShares CSI China Internet ETF $KWEB

Two Sigma Securities LLC raised its stake in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 60.4% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 224,128 shares of the company’s stock after buying an additional 84,374 shares during the quarter. KraneShares CSI China Internet ETF comprises approximately 0.5% of Two Sigma Securities LLC’s holdings, making the stock its 23rd largest position. Two Sigma Securities LLC owned about 0.11% of KraneShares CSI China Internet ETF worth $5,484,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Morningstar Investment Management LLC purchased a new position in KraneShares CSI China Internet ETF during the first quarter valued at $8,959,000. Phoenix Financial Ltd. lifted its stake in KraneShares CSI China Internet ETF by 9.4% in the 4th quarter. Phoenix Financial Ltd. now owns 230,331 shares of the company’s stock worth $7,712,000 after purchasing an additional 19,827 shares in the last quarter. NewEdge Wealth LLC lifted its stake in KraneShares CSI China Internet ETF by 67.8% in the 4th quarter. NewEdge Wealth LLC now owns 220,686 shares of the company’s stock worth $7,514,000 after purchasing an additional 89,143 shares in the last quarter. Temasek Holdings Private Ltd boosted its holdings in shares of KraneShares CSI China Internet ETF by 98.5% during the 4th quarter. Temasek Holdings Private Ltd now owns 6,499,382 shares of the company’s stock valued at $221,304,000 after purchasing an additional 3,225,790 shares during the last quarter. Finally, Nano Cap New Millennium Growth Fund L P bought a new position in shares of KraneShares CSI China Internet ETF during the 4th quarter valued at about $3,371,000.

KraneShares CSI China Internet ETF Price Performance

Shares of KraneShares CSI China Internet ETF stock opened at $26.32 on Monday. KraneShares CSI China Internet ETF has a twelve month low of $23.23 and a twelve month high of $43.37. The business has a 50-day moving average price of $26.58 and a 200-day moving average price of $28.19. The firm has a market cap of $5.21 billion, a price-to-earnings ratio of 15.95 and a beta of 0.36.

KraneShares CSI China Internet ETF Company 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.