42,074 Shares of KraneShares CSI China Internet ETF $KWEB Acquired by Partners Wealth Management LLC

Partners Wealth Management LLC bought a new position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 42,074 shares of the company’s stock, valued at approximately $1,031,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Bank of America Corp DE lifted its stake in 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 purchasing an additional 2,693,759 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of KraneShares CSI China Internet ETF by 54.4% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 2,186,516 shares of the company’s stock worth $62,163,000 after buying an additional 770,000 shares in the last quarter. Compass Rose Asset Management LP increased its holdings in shares of KraneShares CSI China Internet ETF by 123.6% during the first quarter. Compass Rose Asset Management LP now owns 1,230,000 shares of the company’s stock worth $34,969,000 after buying an additional 680,000 shares in the last quarter. NWI Management LP bought a new position in shares of KraneShares CSI China Internet ETF in the 1st quarter valued at $25,587,000. Finally, 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 valued at $21,371,000.

KraneShares CSI China Internet ETF Stock Down 0.2%

NYSEARCA KWEB opened at $22.74 on Friday. KraneShares CSI China Internet ETF has a twelve month low of $22.54 and a twelve month high of $40.27. The company has a market cap of $4.23 billion, a price-to-earnings ratio of 15.95 and a beta of 0.33. The business’s fifty day moving average is $24.68 and its 200 day moving average is $28.07.

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.