Vontobel Holding Ltd. Acquires 9,471 Shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

Vontobel Holding Ltd. boosted its holdings in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 20.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 56,926 shares of the company’s stock after purchasing an additional 9,471 shares during the period. Vontobel Holding Ltd.’s holdings in KraneShares CSI China Internet ETF were worth $1,537,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Headlands Technologies LLC bought a new position in shares of KraneShares CSI China Internet ETF in the third quarter valued at approximately $25,000. Harbour Investments Inc. raised its stake in shares of KraneShares CSI China Internet ETF by 63.2% in the fourth quarter. Harbour Investments Inc. now owns 966 shares of the company’s stock valued at $29,000 after acquiring an additional 374 shares during the last quarter. Tower Research Capital LLC TRC raised its stake in shares of KraneShares CSI China Internet ETF by 12,100.0% in the first quarter. Tower Research Capital LLC TRC now owns 1,220 shares of the company’s stock valued at $38,000 after acquiring an additional 1,210 shares during the last quarter. NBC Securities Inc. bought a new position in shares of KraneShares CSI China Internet ETF in the third quarter valued at approximately $38,000. Finally, Solstein Capital LLC bought a new position in shares of KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $38,000.

KraneShares CSI China Internet ETF Trading Down 0.6 %

NYSEARCA:KWEB opened at $25.51 on Friday. KraneShares CSI China Internet ETF has a 1 year low of $22.68 and a 1 year high of $32.06. The firm has a 50 day moving average of $25.95 and a 200-day moving average of $26.19. The stock has a market capitalization of $5.28 billion, a P/E ratio of 20.84 and a beta of 1.28.

About KraneShares CSI China Internet ETF

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.