122,345 KraneShares CSI China Internet ETF $KWEB Shares Sold by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. lowered its stake in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 63.0% in the third quarter, Holdings Channel reports. The institutional investor owned 72,006 shares of the company’s stock after selling 122,345 shares during the period. TD Waterhouse Canada Inc.’s holdings in KraneShares CSI China Internet ETF were worth $1,752,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of KWEB. Bank of America Corp DE increased its holdings in shares of KraneShares CSI China Internet ETF by 32.1% in the 1st quarter. Bank of America Corp DE now owns 11,090,675 shares of the company’s stock valued at $315,308,000 after acquiring an additional 2,693,759 shares during the period. NWI Management LP bought a new position in shares of KraneShares CSI China Internet ETF in the 1st quarter worth $25,587,000. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD bought a new position in shares of KraneShares CSI China Internet ETF in the 2nd quarter worth $21,371,000. Clal Insurance Enterprises Holdings Ltd raised its position in shares of KraneShares CSI China Internet ETF by 54.4% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,186,516 shares of the company’s stock worth $62,163,000 after acquiring an additional 770,000 shares in the last quarter. Finally, Compass Rose Asset Management LP raised its position in shares of KraneShares CSI China Internet ETF by 123.6% in the 1st quarter. Compass Rose Asset Management LP now owns 1,230,000 shares of the company’s stock worth $34,969,000 after acquiring an additional 680,000 shares in the last quarter.

KraneShares CSI China Internet ETF Price Performance

Shares of NYSEARCA KWEB opened at $23.74 on Thursday. The stock has a market capitalization of $4.40 billion, a P/E ratio of 15.95 and a beta of 0.33. KraneShares CSI China Internet ETF has a 1-year low of $23.23 and a 1-year high of $41.60. The business has a fifty day moving average price of $25.21 and a 200 day moving average price of $26.64.

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.