207,328 Shares in KraneShares CSI China Internet ETF $KWEB Bought by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd purchased a new stake in KraneShares CSI China Internet ETF (NYSE:KWEB) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 207,328 shares of the company’s stock, valued at approximately $8,710,000. Y Intercept Hong Kong Ltd owned approximately 0.09% of KraneShares CSI China Internet ETF at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Quaker Wealth Management LLC increased its position in shares of KraneShares CSI China Internet ETF by 200.0% in the 2nd quarter. Quaker Wealth Management LLC now owns 1,000 shares of the company’s stock worth $34,000 after purchasing an additional 2,000 shares during the last quarter. ORG Partners LLC grew its stake in KraneShares CSI China Internet ETF by 82.5% in the second quarter. ORG Partners LLC now owns 1,175 shares of the company’s stock worth $40,000 after purchasing an additional 531 shares in the last quarter. Mather Group LLC. acquired a new position in KraneShares CSI China Internet ETF in the third quarter worth about $84,000. Global Trust Asset Management LLC bought a new stake in KraneShares CSI China Internet ETF in the third quarter valued at about $97,000. Finally, Headlands Technologies LLC acquired a new stake in KraneShares CSI China Internet ETF during the second quarter valued at approximately $134,000.

KraneShares CSI China Internet ETF Stock Up 0.0%

NYSE:KWEB opened at $35.90 on Friday. The business’s 50 day moving average is $36.30 and its two-hundred day moving average is $37.83. KraneShares CSI China Internet ETF has a 52 week low of $27.83 and a 52 week high of $43.37.

The KraneShares CSI China Internet ETF (NYSE: KWEB) is an exchange-traded fund designed to offer investors targeted exposure to China’s rapidly evolving internet sector. Launched in May 2013, the fund seeks to track the CSI China Overseas Internet Index, which captures the performance of Chinese companies primarily engaged in internet and internet-related activities. KWEB provides access to companies operating across e-commerce, online gaming, social media, internet search, online entertainment and education, and related services.

The fund holds a diversified portfolio of equities that includes American depositary receipts (ADRs), Hong Kong–listed H-shares and companies trading on Chinese mainland exchanges.