TD Waterhouse Canada Inc. Grows Stock Holdings in KraneShares CSI China Internet ETF $KWEB

TD Waterhouse Canada Inc. raised its stake in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 905.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 154,117 shares of the company’s stock after acquiring an additional 138,796 shares during the period. TD Waterhouse Canada Inc. owned approximately 0.06% of KraneShares CSI China Internet ETF worth $6,543,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of KraneShares CSI China Internet ETF by 1,191.8% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 241,278 shares of the company’s stock valued at $10,136,000 after purchasing an additional 222,600 shares during the period. Northstar Advisory Group LLC purchased a new position in KraneShares CSI China Internet ETF in the 3rd quarter valued at $3,323,000. Y Intercept Hong Kong Ltd purchased a new position in KraneShares CSI China Internet ETF in the 3rd quarter valued at $8,710,000. Simplicity Wealth LLC acquired a new position in KraneShares CSI China Internet ETF in the 3rd quarter valued at $265,000. Finally, Brandywine Oak Private Wealth LLC purchased a new position in KraneShares CSI China Internet ETF during the 3rd quarter worth $223,000.

KraneShares CSI China Internet ETF Stock Down 2.5%

Shares of NYSE:KWEB opened at $35.38 on Friday. KraneShares CSI China Internet ETF has a fifty-two week low of $27.83 and a fifty-two week high of $43.37. The firm’s 50-day simple moving average is $36.17 and its 200-day simple moving average is $37.89.

The KraneShares CSI China Internet ETF (NYSE: KWEB) is an exchange-traded fund designed to offer investors targeted exposure to China’s rapidly evolving internet sector. Launched in May 2013, the fund seeks to track the CSI China Overseas Internet Index, which captures the performance of Chinese companies primarily engaged in internet and internet-related activities. KWEB provides access to companies operating across e-commerce, online gaming, social media, internet search, online entertainment and education, and related services.

The fund holds a diversified portfolio of equities that includes American depositary receipts (ADRs), Hong Kong–listed H-shares and companies trading on Chinese mainland exchanges.