KraneShares CSI China Internet ETF $KWEB Shares Acquired by Rye Brook Capital LLC

Rye Brook Capital LLC raised its stake in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 37.4% in the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 235,150 shares of the company’s stock after purchasing an additional 63,950 shares during the period. KraneShares CSI China Internet ETF makes up approximately 7.5% of Rye Brook Capital LLC’s portfolio, making the stock its 4th biggest holding. Rye Brook Capital LLC owned about 0.10% of KraneShares CSI China Internet ETF worth $8,007,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in KWEB. NewEdge Advisors LLC boosted its stake in shares of KraneShares CSI China Internet ETF by 11.3% in the 1st quarter. NewEdge Advisors LLC now owns 23,424 shares of the company’s stock worth $818,000 after buying an additional 2,383 shares during the last quarter. Empowered Funds LLC purchased a new position in shares of KraneShares CSI China Internet ETF in the 1st quarter worth approximately $1,518,000. Creative Planning boosted its stake in shares of KraneShares CSI China Internet ETF by 38.9% in the 2nd quarter. Creative Planning now owns 9,204 shares of the company’s stock worth $316,000 after buying an additional 2,579 shares during the last quarter. Baird Financial Group Inc. boosted its stake in shares of KraneShares CSI China Internet ETF by 2.9% in the 2nd quarter. Baird Financial Group Inc. now owns 24,580 shares of the company’s stock worth $844,000 after buying an additional 683 shares during the last quarter. Finally, Main Street Financial Solutions LLC purchased a new position in shares of KraneShares CSI China Internet ETF in the 2nd quarter worth approximately $275,000.

KraneShares CSI China Internet ETF Stock Up 1.2%

Shares of NYSEARCA KWEB opened at $30.45 on Friday. KraneShares CSI China Internet ETF has a twelve month low of $27.62 and a twelve month high of $43.37. The stock’s 50 day moving average price is $30.30 and its 200-day moving average price is $35.08. The company has a market capitalization of $6.60 billion, a PE ratio of 15.95 and a beta of 0.37.

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.