Corecam Pte. Ltd. trimmed its position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) by 89.8% in the 4th quarter, Holdings Channel reports. The firm owned 16,300 shares of the company’s stock after selling 143,700 shares during the period. Corecam Pte. Ltd.’s holdings in KraneShares CSI China Internet ETF were worth $555,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also made changes to their positions in the company. SBI Securities Co. Ltd. lifted its position in shares of KraneShares CSI China Internet ETF by 634.2% during the fourth quarter. SBI Securities Co. Ltd. now owns 837 shares of the company’s stock worth $28,000 after purchasing an additional 723 shares in the last quarter. Manchester Capital Management LLC purchased a new stake in shares of KraneShares CSI China Internet ETF during the fourth quarter worth approximately $32,000. JPL Wealth Management LLC purchased a new stake in shares of KraneShares CSI China Internet ETF during the third quarter worth approximately $34,000. Fortitude Family Office LLC acquired a new stake in KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $45,000. Finally, Compagnie Lombard Odier SCmA acquired a new stake in KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $45,000.
KraneShares CSI China Internet ETF Stock Performance
KraneShares CSI China Internet ETF stock opened at $25.24 on Friday. The company has a fifty day simple moving average of $27.99 and a 200-day simple moving average of $31.47. The stock has a market cap of $5.67 billion, a P/E ratio of 15.95 and a beta of 0.34. KraneShares CSI China Internet ETF has a 12-month low of $25.18 and a 12-month high of $43.37.
About KraneShares CSI China Internet ETF
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.
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Want to see what other hedge funds are holding KWEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report).
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