KraneShares CSI China Internet ETF (NYSE:KWEB) Shares Sold by Mandatum Life Insurance Co Ltd

Mandatum Life Insurance Co Ltd decreased its position in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 51.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 482,717 shares of the company’s stock after selling 506,894 shares during the quarter. KraneShares CSI China Internet ETF comprises approximately 4.4% of Mandatum Life Insurance Co Ltd’s investment portfolio, making the stock its 3rd largest position. Mandatum Life Insurance Co Ltd owned approximately 0.27% of KraneShares CSI China Internet ETF worth $13,043,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of KWEB. Cetera Investment Advisers acquired a new stake in KraneShares CSI China Internet ETF in the first quarter valued at approximately $3,882,000. Hamilton Wealth LLC bought a new stake in shares of KraneShares CSI China Internet ETF in the 1st quarter worth $750,000. EverSource Wealth Advisors LLC raised its holdings in shares of KraneShares CSI China Internet ETF by 91,900.0% in the first quarter. EverSource Wealth Advisors LLC now owns 4,600 shares of the company’s stock valued at $128,000 after purchasing an additional 4,595 shares during the last quarter. Cape Investment Advisory Inc. lifted its position in shares of KraneShares CSI China Internet ETF by 6,775.2% during the first quarter. Cape Investment Advisory Inc. now owns 7,494 shares of the company’s stock valued at $197,000 after purchasing an additional 7,385 shares in the last quarter. Finally, Mather Group LLC. boosted its stake in shares of KraneShares CSI China Internet ETF by 243.9% in the 2nd quarter. Mather Group LLC. now owns 1,221 shares of the company’s stock worth $32,000 after buying an additional 866 shares during the last quarter.

KraneShares CSI China Internet ETF Stock Performance

KWEB stock traded up $0.34 during mid-day trading on Friday, hitting $25.69. The company had a trading volume of 17,321,177 shares, compared to its average volume of 19,589,135. The firm’s fifty day moving average is $26.84. KraneShares CSI China Internet ETF has a 12 month low of $22.68 and a 12 month high of $32.63.