Clal Insurance Enterprises Holdings Ltd Cuts Stock Holdings in KraneShares CSI China Internet ETF $KWEB

Clal Insurance Enterprises Holdings Ltd lowered its position in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 12.0% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,677,000 shares of the company’s stock after selling 500,000 shares during the period. KraneShares CSI China Internet ETF makes up approximately 1.2% of Clal Insurance Enterprises Holdings Ltd’s portfolio, making the stock its 24th largest position. Clal Insurance Enterprises Holdings Ltd’s holdings in KraneShares CSI China Internet ETF were worth $126,231,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in KWEB. Creative Planning boosted its stake in KraneShares CSI China Internet ETF by 38.9% during the 2nd quarter. Creative Planning now owns 9,204 shares of the company’s stock valued at $316,000 after purchasing an additional 2,579 shares during the last quarter. Capital Investment Counsel Inc lifted its holdings in shares of KraneShares CSI China Internet ETF by 3.7% during the second quarter. Capital Investment Counsel Inc now owns 104,317 shares of the company’s stock valued at $3,581,000 after purchasing an additional 3,690 shares in the last quarter. ABC Arbitrage SA boosted its position in shares of KraneShares CSI China Internet ETF by 5.0% during the second quarter. ABC Arbitrage SA now owns 33,557 shares of the company’s stock valued at $1,152,000 after buying an additional 1,600 shares during the last quarter. Rovida Advisors Inc. bought a new stake in KraneShares CSI China Internet ETF in the 2nd quarter worth about $5,148,000. Finally, Prospera Financial Services Inc bought a new stake in KraneShares CSI China Internet ETF in the 2nd quarter worth about $203,000.

KraneShares CSI China Internet ETF Stock Performance

KWEB opened at $37.84 on Wednesday. The company’s 50-day simple moving average is $40.51 and its two-hundred day simple moving average is $37.14. KraneShares CSI China Internet ETF has a 52-week low of $27.27 and a 52-week high of $43.37.