Viewpoint Capital Management LLC Grows Stock Holdings in KraneShares CSI China Internet ETF $KWEB

Viewpoint Capital Management LLC raised its stake in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 0.3% in the 2nd quarter, Holdings Channel reports. The fund owned 108,476 shares of the company’s stock after acquiring an additional 320 shares during the quarter. KraneShares CSI China Internet ETF accounts for approximately 1.8% of Viewpoint Capital Management LLC’s portfolio, making the stock its 14th biggest position. Viewpoint Capital Management LLC’s holdings in KraneShares CSI China Internet ETF were worth $3,724,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in KWEB. Cambridge Investment Research Advisors Inc. increased its holdings in shares of KraneShares CSI China Internet ETF by 13.0% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 24,539 shares of the company’s stock valued at $857,000 after purchasing an additional 2,814 shares during the period. D.A. Davidson & CO. purchased a new position in KraneShares CSI China Internet ETF in the 1st quarter valued at $279,000. Mirae Asset Global Investments Co. Ltd. increased its stake in KraneShares CSI China Internet ETF by 15.9% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,199 shares of the company’s stock valued at $357,000 after buying an additional 1,399 shares during the period. Janney Montgomery Scott LLC raised its position in KraneShares CSI China Internet ETF by 12.1% during the 1st quarter. Janney Montgomery Scott LLC now owns 64,849 shares of the company’s stock worth $2,264,000 after buying an additional 7,004 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in shares of KraneShares CSI China Internet ETF by 49.8% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 96,268 shares of the company’s stock worth $3,361,000 after acquiring an additional 32,013 shares during the period.

KraneShares CSI China Internet ETF Stock Up 0.5%

Shares of NYSE:KWEB opened at $42.87 on Tuesday. KraneShares CSI China Internet ETF has a fifty-two week low of $27.27 and a fifty-two week high of $43.37. The firm’s 50-day simple moving average is $38.83 and its 200-day simple moving average is $35.42.