Suvretta Capital Management LLC Invests $7.83 Million in KraneShares CSI China Internet ETF (NYSE:KWEB)

Suvretta Capital Management LLC purchased a new position in KraneShares CSI China Internet ETF (NYSE:KWEB) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 230,000 shares of the company’s stock, valued at approximately $7,825,000. Suvretta Capital Management LLC owned about 0.10% of KraneShares CSI China Internet ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently added to or reduced their stakes in KWEB. Wealth Enhancement Advisory Services LLC increased its stake in shares of KraneShares CSI China Internet ETF by 3.7% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 19,763 shares of the company’s stock worth $534,000 after purchasing an additional 709 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its stake in KraneShares CSI China Internet ETF by 17.8% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 4,700 shares of the company’s stock valued at $128,000 after purchasing an additional 710 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in KraneShares CSI China Internet ETF by 15.5% during the second quarter. EverSource Wealth Advisors LLC now owns 5,311 shares of the company’s stock valued at $141,000 after purchasing an additional 711 shares during the period. Mather Group LLC. increased its position in KraneShares CSI China Internet ETF by 63.8% in the third quarter. Mather Group LLC. now owns 2,000 shares of the company’s stock worth $68,000 after buying an additional 779 shares during the last quarter. Finally, Atria Investments Inc raised its stake in shares of KraneShares CSI China Internet ETF by 9.4% in the third quarter. Atria Investments Inc now owns 10,823 shares of the company’s stock valued at $368,000 after buying an additional 926 shares during the period.

KraneShares CSI China Internet ETF Stock Performance

Shares of NYSE KWEB opened at $30.92 on Friday. The company’s fifty day moving average price is $32.42. KraneShares CSI China Internet ETF has a one year low of $22.68 and a one year high of $39.17.