Rockefeller Capital Management L.P. raised its holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) by 52.0% during the 4th quarter, Holdings Channel reports. The firm owned 880,964 shares of the company’s stock after purchasing an additional 301,343 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in KraneShares CSI China Internet ETF were worth $29,997,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in KWEB. SBI Securities Co. Ltd. lifted its holdings in KraneShares CSI China Internet ETF by 634.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 837 shares of the company’s stock valued at $28,000 after purchasing an additional 723 shares in the last quarter. Manchester Capital Management LLC purchased a new position in shares of KraneShares CSI China Internet ETF in the 4th quarter worth about $32,000. JPL Wealth Management LLC acquired a new stake in KraneShares CSI China Internet ETF during the 3rd quarter worth approximately $34,000. Fortitude Family Office LLC acquired a new stake in shares of KraneShares CSI China Internet ETF in the fourth quarter worth $45,000. Finally, Compagnie Lombard Odier SCmA acquired a new stake in KraneShares CSI China Internet ETF in the 4th quarter valued at $45,000.
KraneShares CSI China Internet ETF Stock Performance
Shares of NYSEARCA:KWEB opened at $25.05 on Tuesday. The company has a market cap of $5.63 billion, a P/E ratio of 15.95 and a beta of 0.34. The business’s 50-day simple moving average is $27.91 and its 200 day simple moving average is $31.33. KraneShares CSI China Internet ETF has a one year low of $24.82 and a one year high of $43.37.
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.
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Want to see what other hedge funds are holding KWEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report).
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