Headlands Technologies LLC Acquires 59,388 Shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

Headlands Technologies LLC lifted its holdings in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 6,469.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 60,306 shares of the company’s stock after acquiring an additional 59,388 shares during the quarter. Headlands Technologies LLC’s holdings in KraneShares CSI China Internet ETF were worth $1,628,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Kovack Advisors Inc. bought a new position in shares of KraneShares CSI China Internet ETF during the 4th quarter worth approximately $710,000. Alaska Permanent Fund Corp boosted its stake in KraneShares CSI China Internet ETF by 19.0% in the 4th quarter. Alaska Permanent Fund Corp now owns 7,397,867 shares of the company’s stock valued at $199,742,000 after purchasing an additional 1,182,456 shares during the period. Vontobel Holding Ltd. boosted its stake in KraneShares CSI China Internet ETF by 20.0% in the 4th quarter. Vontobel Holding Ltd. now owns 56,926 shares of the company’s stock valued at $1,537,000 after purchasing an additional 9,471 shares during the period. ORG Partners LLC boosted its stake in KraneShares CSI China Internet ETF by 2.1% in the 4th quarter. ORG Partners LLC now owns 35,730 shares of the company’s stock valued at $965,000 after purchasing an additional 744 shares during the period. Finally, Perigon Wealth Management LLC raised its holdings in shares of KraneShares CSI China Internet ETF by 7.7% during the 4th quarter. Perigon Wealth Management LLC now owns 11,207 shares of the company’s stock worth $303,000 after buying an additional 800 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Up 2.8 %

KWEB stock opened at $28.80 on Friday. KraneShares CSI China Internet ETF has a twelve month low of $22.68 and a twelve month high of $32.06. The stock’s 50 day moving average is $26.22 and its 200-day moving average is $26.20. The firm has a market capitalization of $5.96 billion, a PE ratio of 20.84 and a beta of 1.28.

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.