Quattro Financial Advisors LLC Takes $2.68 Million Position in KraneShares CSI China Internet ETF $KWEB

Quattro Financial Advisors LLC purchased a new stake in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the fourth quarter, Holdings Channel reports. The fund purchased 78,600 shares of the company’s stock, valued at approximately $2,676,000.

A number of other hedge funds have also recently made changes to their positions in KWEB. Bank of Nova Scotia acquired a new stake in shares of KraneShares CSI China Internet ETF during the third quarter valued at about $95,497,000. Quadrature Capital Ltd boosted its stake in shares of KraneShares CSI China Internet ETF by 350.0% during the third quarter. Quadrature Capital Ltd now owns 2,377,418 shares of the company’s stock valued at $99,875,000 after purchasing an additional 1,849,107 shares in the last quarter. BlueCrest Capital Management Ltd boosted its stake in shares of KraneShares CSI China Internet ETF by 421.5% during the third quarter. BlueCrest Capital Management Ltd now owns 2,127,701 shares of the company’s stock valued at $89,385,000 after purchasing an additional 1,719,701 shares in the last quarter. Robinhood Asset Management LLC acquired a new stake in shares of KraneShares CSI China Internet ETF during the fourth quarter valued at about $54,053,000. Finally, Rit Capital Partners PLC acquired a new stake in shares of KraneShares CSI China Internet ETF during the third quarter valued at about $52,907,000.

KraneShares CSI China Internet ETF Trading Up 1.2%

Shares of KWEB stock opened at $30.45 on Friday. The business’s 50-day moving average price is $30.30 and its 200-day moving average price is $35.08. The firm has a market capitalization of $6.60 billion, a price-to-earnings ratio of 15.95 and a beta of 0.37. KraneShares CSI China Internet ETF has a 12 month low of $27.62 and a 12 month high of $43.37.

KraneShares CSI China Internet ETF Company Profile

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.