Cambridge Investment Research Advisors Inc. Cuts Stake in KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

Cambridge Investment Research Advisors Inc. lessened its stake in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Get Rating) by 13.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 20,360 shares of the company’s stock after selling 3,284 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in KraneShares CSI China Internet ETF were worth $615,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Cibc World Market Inc. increased its stake in shares of KraneShares CSI China Internet ETF by 7.8% during the 1st quarter. Cibc World Market Inc. now owns 89,370 shares of the company’s stock worth $2,548,000 after purchasing an additional 6,443 shares during the last quarter. Vontobel Holding Ltd. increased its position in KraneShares CSI China Internet ETF by 51.5% in the first quarter. Vontobel Holding Ltd. now owns 14,700 shares of the company’s stock worth $419,000 after buying an additional 5,000 shares during the last quarter. Cetera Investment Advisers raised its stake in shares of 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 buying an additional 19,654 shares during the period. Equitable Holdings Inc. lifted its position in shares of KraneShares CSI China Internet ETF by 31.4% during the 1st quarter. Equitable Holdings Inc. now owns 9,043 shares of the company’s stock valued at $258,000 after buying an additional 2,161 shares during the last quarter. Finally, Flow Traders U.S. LLC purchased a new position in shares of KraneShares CSI China Internet ETF during the 1st quarter valued at $5,177,000.

KraneShares CSI China Internet ETF Price Performance

Shares of KWEB opened at $26.30 on Wednesday. KraneShares CSI China Internet ETF has a fifty-two week low of $17.22 and a fifty-two week high of $36.19. The business has a 50-day moving average of $28.68 and a 200 day moving average of $29.84.

KraneShares CSI China Internet ETF Profile

(Get Rating)

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.