Mirae Asset Global Investments Co. Ltd. Raises Stake in KraneShares CSI China Internet ETF $KWEB

Mirae Asset Global Investments Co. Ltd. lifted its position in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 83.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 18,678 shares of the company’s stock after purchasing an additional 8,479 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in KraneShares CSI China Internet ETF were worth $641,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the company. Bessemer Group Inc. purchased a new stake in shares of KraneShares CSI China Internet ETF during the 1st quarter worth about $219,328,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of KraneShares CSI China Internet ETF by 75.7% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 4,177,000 shares of the company’s stock worth $145,819,000 after purchasing an additional 1,800,000 shares during the period. Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of KraneShares CSI China Internet ETF during the 1st quarter worth about $126,065,000. National Bank of Canada FI grew its holdings in shares of KraneShares CSI China Internet ETF by 83.7% during the 1st quarter. National Bank of Canada FI now owns 2,316,036 shares of the company’s stock worth $80,843,000 after purchasing an additional 1,055,227 shares during the period. Finally, Voya Investment Management LLC purchased a new stake in shares of KraneShares CSI China Internet ETF during the 1st quarter worth about $63,838,000.

KraneShares CSI China Internet ETF Trading Down 7.0%

Shares of NYSE:KWEB opened at $38.44 on Friday. KraneShares CSI China Internet ETF has a 1 year low of $27.27 and a 1 year high of $43.37. The stock has a 50-day simple moving average of $39.29 and a 200-day simple moving average of $35.58.