Pekin Hardy Strauss Inc. Boosts Stock Holdings in KraneShares CSI China Internet ETF (NYSE:KWEB)

Pekin Hardy Strauss Inc. boosted its stake in KraneShares CSI China Internet ETF (NYSE:KWEB) by 126.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 162,270 shares of the company’s stock after purchasing an additional 90,505 shares during the quarter. Pekin Hardy Strauss Inc. owned about 0.09% of KraneShares CSI China Internet ETF worth $4,385,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. National Bank of Canada FI raised its stake in KraneShares CSI China Internet ETF by 117.4% during the second quarter. National Bank of Canada FI now owns 700,683 shares of the company’s stock valued at $18,988,000 after purchasing an additional 378,433 shares in the last quarter. Cetera Investment Advisers purchased a new position in KraneShares CSI China Internet ETF during the first quarter worth $3,882,000. Sterneck Capital Management LLC increased its position in KraneShares CSI China Internet ETF by 33.0% during the second quarter. Sterneck Capital Management LLC now owns 122,782 shares of the company’s stock valued at $3,318,000 after acquiring an additional 30,468 shares during the last quarter. Blue Square Asset Management LLC raised its stake in shares of KraneShares CSI China Internet ETF by 5.2% in the second quarter. Blue Square Asset Management LLC now owns 114,586 shares of the company’s stock valued at $3,096,000 after acquiring an additional 5,657 shares during the period. Finally, Capital Investment Counsel Inc lifted its holdings in shares of KraneShares CSI China Internet ETF by 31.9% in the 2nd quarter. Capital Investment Counsel Inc now owns 97,357 shares of the company’s stock worth $2,631,000 after acquiring an additional 23,543 shares during the last quarter.

KraneShares CSI China Internet ETF Stock Performance

Shares of NYSE:KWEB opened at $25.55 on Tuesday. KraneShares CSI China Internet ETF has a 12 month low of $22.68 and a 12 month high of $32.63. The firm’s 50-day moving average price is $26.36.