Ascentis Independent Advisors Makes New $632,000 Investment in KraneShares Bosera MSCI China A 50 Connect Index ETF $KBA

Ascentis Independent Advisors purchased a new position in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF (NYSEARCA:KBA) during the first quarter, Holdings Channel reports. The institutional investor purchased 20,889 shares of the company’s stock, valued at approximately $632,000.

Other institutional investors have also recently made changes to their positions in the company. IFP Advisors Inc raised its holdings in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF by 446.6% in the third quarter. IFP Advisors Inc now owns 1,208 shares of the company’s stock valued at $36,000 after acquiring an additional 987 shares in the last quarter. Osaic Holdings Inc. grew its holdings in KraneShares Bosera MSCI China A 50 Connect Index ETF by 10.5% during the 2nd quarter. Osaic Holdings Inc. now owns 4,132 shares of the company’s stock worth $100,000 after acquiring an additional 394 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in KraneShares Bosera MSCI China A 50 Connect Index ETF by 783.8% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 3,818 shares of the company’s stock worth $118,000 after acquiring an additional 3,386 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF in the 4th quarter worth approximately $188,000. Finally, Larson Financial Group LLC purchased a new stake in shares of KraneShares Bosera MSCI China A 50 Connect Index ETF in the 4th quarter worth approximately $266,000.

KraneShares Bosera MSCI China A 50 Connect Index ETF Stock Down 0.2%

Shares of KBA stock opened at $33.11 on Thursday. The firm has a market cap of $150.65 million, a price-to-earnings ratio of 13.75 and a beta of 0.17. KraneShares Bosera MSCI China A 50 Connect Index ETF has a 52-week low of $24.65 and a 52-week high of $35.46. The company’s 50 day moving average is $33.84 and its 200 day moving average is $31.95.

KraneShares Bosera MSCI China A 50 Connect Index ETF Company Profile

The KraneShares Bosera MSCI China A 50 Connect Index ETF (KBA) is an exchange-traded fund that is based on the MSCI China A 50 Connect index. The fund tracks a subset of market cap-weighted large- and mid-cap Chinese equities listed in Shanghai and Shenzhen. KBA was launched on Mar 5, 2014 and is managed by KraneShares.