893,310 Shares in KraneShares CSI China Internet ETF $KWEB Bought by MKP Capital Management L.L.C.

MKP Capital Management L.L.C. acquired a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 893,310 shares of the company’s stock, valued at approximately $30,417,000. KraneShares CSI China Internet ETF comprises about 1.1% of MKP Capital Management L.L.C.’s investment portfolio, making the stock its 15th biggest position. MKP Capital Management L.L.C. owned 0.37% of KraneShares CSI China Internet ETF as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Aurora Investment Managers LLC. raised its holdings in KraneShares CSI China Internet ETF by 12.6% during the third quarter. Aurora Investment Managers LLC. now owns 440,048 shares of the company’s stock worth $18,486,000 after purchasing an additional 49,302 shares during the last quarter. GFG Capital LLC acquired a new position in KraneShares CSI China Internet ETF during the fourth quarter worth $668,000. Truxt Investmentos Ltda. purchased a new position in KraneShares CSI China Internet ETF during the third quarter worth $4,870,000. Robinhood Asset Management LLC purchased a new position in KraneShares CSI China Internet ETF during the fourth quarter worth $54,053,000. Finally, NewEdge Wealth LLC increased its position in KraneShares CSI China Internet ETF by 67.8% during the fourth quarter. NewEdge Wealth LLC now owns 220,686 shares of the company’s stock worth $7,514,000 after buying an additional 89,143 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Performance

KraneShares CSI China Internet ETF stock opened at $27.36 on Tuesday. The stock has a fifty day moving average of $28.53 and a two-hundred day moving average of $32.54. The company has a market capitalization of $6.15 billion, a price-to-earnings ratio of 15.95 and a beta of 0.36. KraneShares CSI China Internet ETF has a fifty-two week low of $26.23 and a fifty-two week high of $43.37.

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.