Capital Wealth Planning LLC Buys Shares of 112,539 KraneShares CSI China Internet ETF $KWEB

Capital Wealth Planning LLC bought a new stake in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the third quarter, Holdings Channel.com reports. The institutional investor bought 112,539 shares of the company’s stock, valued at approximately $4,728,000.

Several other hedge funds also recently bought and sold shares of KWEB. Bessemer Group Inc. increased its stake in KraneShares CSI China Internet ETF by 12.5% during the third quarter. Bessemer Group Inc. now owns 7,130,716 shares of the company’s stock worth $299,561,000 after purchasing an additional 791,095 shares during the period. Temasek Holdings Private Ltd boosted its stake in shares of KraneShares CSI China Internet ETF by 80.5% in the second quarter. Temasek Holdings Private Ltd now owns 3,273,592 shares of the company’s stock valued at $112,382,000 after purchasing an additional 1,459,884 shares during the period. Krane Funds Advisors LLC grew its holdings in shares of KraneShares CSI China Internet ETF by 4.9% in the third quarter. Krane Funds Advisors LLC now owns 3,224,901 shares of the company’s stock valued at $126,658,000 after purchasing an additional 151,300 shares in the last quarter. Quadrature Capital Ltd grew its holdings in shares of KraneShares CSI China Internet ETF by 350.0% in the third quarter. Quadrature Capital Ltd now owns 2,377,418 shares of the company’s stock valued at $99,875,000 after purchasing an additional 1,849,107 shares in the last quarter. Finally, Kapitalo Investimentos Ltda increased its stake in KraneShares CSI China Internet ETF by 6.2% during the 3rd quarter. Kapitalo Investimentos Ltda now owns 1,332,000 shares of the company’s stock worth $55,957,000 after buying an additional 78,000 shares during the period.

KraneShares CSI China Internet ETF Trading Up 0.3%

KraneShares CSI China Internet ETF stock opened at $30.16 on Friday. The firm has a market capitalization of $7.30 billion, a P/E ratio of 15.95 and a beta of 0.25. KraneShares CSI China Internet ETF has a twelve month low of $27.83 and a twelve month high of $43.37. The stock’s fifty day simple moving average is $33.70 and its 200-day simple moving average is $37.01.

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.