KraneShares CSI China Internet ETF $KWEB Position Boosted by Rye Brook Capital LLC

Rye Brook Capital LLC lifted its holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 37.4% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 235,150 shares of the company’s stock after buying 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’s holdings in KraneShares CSI China Internet ETF were worth $8,007,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of KWEB. Bank of Nova Scotia purchased a new position in KraneShares CSI China Internet ETF in the third quarter valued at approximately $95,497,000. Quadrature Capital Ltd lifted its stake in KraneShares CSI China Internet ETF by 350.0% in 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 during the last quarter. BlueCrest Capital Management Ltd lifted its stake in KraneShares CSI China Internet ETF by 421.5% in 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 during the last quarter. Robinhood Asset Management LLC purchased a new position in KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $54,053,000. Finally, Rit Capital Partners PLC purchased a new position in KraneShares CSI China Internet ETF in the third quarter valued at approximately $52,907,000.

KraneShares CSI China Internet ETF Trading Up 1.2%

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