Csenge Advisory Group Grows Position in KraneShares CSI China Internet ETF $KWEB

Csenge Advisory Group raised its position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 15.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 151,633 shares of the company’s stock after purchasing an additional 19,906 shares during the quarter. Csenge Advisory Group’s holdings in KraneShares CSI China Internet ETF were worth $5,163,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in KWEB. Aurora Investment Managers LLC. raised its holdings in shares of KraneShares CSI China Internet ETF by 12.6% in the third quarter. Aurora Investment Managers LLC. now owns 440,048 shares of the company’s stock worth $18,486,000 after buying an additional 49,302 shares during the period. Concurrent Investment Advisors LLC purchased a new position in KraneShares CSI China Internet ETF during the 3rd quarter valued at $735,000. Truxt Investmentos Ltda. bought a new position in KraneShares CSI China Internet ETF in the 3rd quarter valued at $4,870,000. GFG Capital LLC bought a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at $668,000. Finally, Robinhood Asset Management LLC purchased a new stake in KraneShares CSI China Internet ETF in the fourth quarter worth $54,053,000.

KraneShares CSI China Internet ETF Trading Down 0.4%

NYSEARCA:KWEB opened at $28.06 on Tuesday. KraneShares CSI China Internet ETF has a twelve month low of $27.62 and a twelve month high of $43.37. The company has a market cap of $6.31 billion, a price-to-earnings ratio of 15.95 and a beta of 0.36. The stock has a fifty day simple moving average of $29.10 and a 200-day simple moving average of $33.42.

KraneShares CSI China Internet ETF 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.