KraneShares CSI China Internet ETF $KWEB is Compass Rose Asset Management LP’s 4th Largest Position

Compass Rose Asset Management LP boosted its holdings in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 123.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,230,000 shares of the company’s stock after acquiring an additional 680,000 shares during the period. KraneShares CSI China Internet ETF comprises 2.6% of Compass Rose Asset Management LP’s portfolio, making the stock its 4th largest holding. Compass Rose Asset Management LP owned approximately 0.55% of KraneShares CSI China Internet ETF worth $34,969,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Temasek Holdings Private Ltd increased its stake in shares of KraneShares CSI China Internet ETF by 98.5% during the 4th quarter. Temasek Holdings Private Ltd now owns 6,499,382 shares of the company’s stock worth $221,304,000 after purchasing an additional 3,225,790 shares in the last quarter. SPX Gestao de Recursos Ltda purchased a new stake in KraneShares CSI China Internet ETF in the 4th quarter valued at approximately $70,667,000. BlueCrest Capital Management Ltd grew its holdings in KraneShares CSI China Internet ETF by 421.5% during the 3rd quarter. BlueCrest Capital Management Ltd now owns 2,127,701 shares of the company’s stock valued at $89,385,000 after buying an additional 1,719,701 shares during the last quarter. Robinhood Asset Management LLC purchased a new position in KraneShares CSI China Internet ETF during the fourth quarter worth $54,053,000. Finally, SG Americas Securities LLC increased its position in KraneShares CSI China Internet ETF by 652.0% during the first quarter. SG Americas Securities LLC now owns 1,693,386 shares of the company’s stock worth $48,143,000 after buying an additional 1,468,208 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Down 0.6%

NYSEARCA KWEB opened at $26.27 on Friday. KraneShares CSI China Internet ETF has a fifty-two week low of $23.23 and a fifty-two week high of $43.37. The business has a fifty day moving average of $26.30 and a 200-day moving average of $29.70. The stock has a market cap of $5.20 billion, a price-to-earnings ratio of 15.95 and a beta of 0.35.

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.