Oppenheimer & Co. Inc. lowered its position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) by 85.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,638 shares of the company’s stock after selling 50,932 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in KraneShares CSI China Internet ETF were worth $269,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Harbour Investments Inc. lifted its position in KraneShares CSI China Internet ETF by 63.2% in the fourth quarter. Harbour Investments Inc. now owns 966 shares of the company’s stock valued at $29,000 after buying an additional 374 shares during the last quarter. Hexagon Capital Partners LLC lifted its position in KraneShares CSI China Internet ETF by 21.0% in the first quarter. Hexagon Capital Partners LLC now owns 2,940 shares of the company’s stock valued at $92,000 after buying an additional 510 shares during the last quarter. Wealth Quarterback LLC lifted its position in KraneShares CSI China Internet ETF by 4.7% in the fourth quarter. Wealth Quarterback LLC now owns 15,474 shares of the company’s stock valued at $467,000 after buying an additional 696 shares during the last quarter. Retirement Planning Co of New England Inc. lifted its position in KraneShares CSI China Internet ETF by 4.0% in the first quarter. Retirement Planning Co of New England Inc. now owns 19,285 shares of the company’s stock valued at $601,000 after buying an additional 749 shares during the last quarter. Finally, Archer Investment Corp acquired a new stake in shares of KraneShares CSI China Internet ETF during the first quarter worth about $28,000.
KraneShares CSI China Internet ETF Price Performance
Shares of KWEB opened at $28.99 on Thursday. KraneShares CSI China Internet ETF has a 1 year low of $17.22 and a 1 year high of $36.19. The company’s 50-day simple moving average is $28.54 and its 200-day simple moving average is $28.70.
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.
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