Raymond James & Associates reduced its holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) by 0.6% during the fourth quarter, according to its most recent SEC filing. The fund owns 128,418 shares of the company’s stock after selling 776 shares during the quarter. Raymond James & Associates held approximately 0.07% of the KraneShares CSI China Internet ETF’s shares worth $3,467,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also adjusted their positions in the company. Cambridge Investment Research Advisors Inc. increased its stake in the Kingsoft CSI China Internet ETF by 248.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 25,301 shares of the company’s stock valued at $721,000 after purchasing an additional 18,050 shares during the last quarter. CIBC World Market Inc. increased its holdings in shares of KraneShares CSI China Internet ETF by 7.8% in the first quarter. Cibc World Market Inc. now owns 89,370 shares of the company’s stock valued at $2,548,000 after acquiring an additional 6,443 shares during the last quarter. Vontobel Holding Ltd. increased its holdings of Jinrui CSI China Internet ETF shares by 51.5% in the first quarter. Vontobel Holding Ltd. now owns 14,700 shares of the company’s stock valued at $419,000 after acquiring an additional 5,000 shares during the last quarter. Cetera Investment Advisers increased its holdings in KraneShares CSI China Internet ETF by 287.5% in the first quarter. Cetera Investment Advisers now owns 26,489 shares of the company’s stock valued at $755,000 after purchasing an additional 19,654 shares during the last quarter. Finally, Equitable Holdings Inc. raised its holdings in CSI China Internet ETF by 31.4% in the first quarter. Equitable Holdings Inc. now owns 9,043 shares of the company’s stock valued at $258,000 after purchasing an additional 2,161 shares during the last quarter.
Shares in the CSI China Internet ETF fell 4.2%
KWEB stock opened Friday at $26.08. The company’s 50-day moving average price is $25.81 and its 200-day moving average price is $26.24. The one-year low of the Jinrui CSI China Internet ETF was $22.68 and the one-year high was $32.06.
Jinrui CSI China Internet ETF Company Profile
(free report)
The Kingsoft CSI China Internet ETF (KWEB) is an exchange-traded fund based on the CSI Overseas China Internet Index. The fund tracks a market capitalization-weighted index of overseas-listed Chinese internet companies. KWEB was launched on July 31, 2013 and is managed by KraneShares.
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