Polymer Capital Management HK LTD bought a new stake in shares of KraneShares CSI China Internet ETF (NYSE:KWEB – Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 48,722 shares of the company’s stock, valued at approximately $1,658,000.
Several other institutional investors also recently added to or reduced their stakes in the stock. International Assets Investment Management LLC purchased a new stake in shares of KraneShares CSI China Internet ETF in the second quarter valued at approximately $31,000. Mather Group LLC. lifted its holdings in shares of KraneShares CSI China Internet ETF by 243.9% in the 2nd quarter. Mather Group LLC. now owns 1,221 shares of the company’s stock worth $32,000 after buying an additional 866 shares during the period. M&R Capital Management Inc. bought a new position in shares of KraneShares CSI China Internet ETF during the 3rd quarter worth $34,000. FMR LLC increased its stake in shares of KraneShares CSI China Internet ETF by 51.1% during the third quarter. FMR LLC now owns 3,409 shares of the company’s stock valued at $116,000 after buying an additional 1,153 shares during the period. Finally, Friedenthal Financial purchased a new position in shares of KraneShares CSI China Internet ETF in the 2nd quarter valued at $119,000.
KraneShares CSI China Internet ETF Price Performance
KWEB stock opened at $31.13 on Wednesday. KraneShares CSI China Internet ETF has a one year low of $22.68 and a one year high of $39.17. The firm has a 50-day simple moving average of $32.60 and a two-hundred day simple moving average of $29.19.
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