Temasek Holdings Private Ltd Sells 3,945,908 Shares of KraneShares CSI China Internet ETF $KWEB

Temasek Holdings Private Ltd lessened its holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 60.7% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 2,553,474 shares of the company’s stock after selling 3,945,908 shares during the period. Temasek Holdings Private Ltd owned about 1.14% of KraneShares CSI China Internet ETF worth $72,595,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. TAGStone Capital Inc. lifted its stake in shares of KraneShares CSI China Internet ETF by 6.1% during the 4th quarter. TAGStone Capital Inc. now owns 6,815 shares of the company’s stock worth $232,000 after purchasing an additional 390 shares during the last quarter. Highline Wealth Partners LLC raised its holdings in KraneShares CSI China Internet ETF by 5.6% in the fourth quarter. Highline Wealth Partners LLC now owns 7,994 shares of the company’s stock worth $272,000 after purchasing an additional 424 shares in the last quarter. Larson Financial Group LLC raised its holdings in KraneShares CSI China Internet ETF by 6.1% in the fourth quarter. Larson Financial Group LLC now owns 8,490 shares of the company’s stock worth $289,000 after purchasing an additional 487 shares in the last quarter. Signaturefd LLC raised its holdings in KraneShares CSI China Internet ETF by 3.8% in the fourth quarter. Signaturefd LLC now owns 13,927 shares of the company’s stock worth $474,000 after purchasing an additional 512 shares in the last quarter. Finally, Oppenheimer & Co. Inc. lifted its position in shares of KraneShares CSI China Internet ETF by 2.6% during the fourth quarter. Oppenheimer & Co. Inc. now owns 21,415 shares of the company’s stock valued at $729,000 after buying an additional 536 shares during the last quarter.

KraneShares CSI China Internet ETF Stock Performance

NYSEARCA:KWEB opened at $27.02 on Wednesday. KraneShares CSI China Internet ETF has a fifty-two week low of $23.23 and a fifty-two week high of $43.37. The stock has a market capitalization of $5.35 billion, a P/E ratio of 15.95 and a beta of 0.35. The company’s 50-day simple moving average is $26.44 and its 200-day simple moving average is $29.81.

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.