Summit Financial LLC Has $1.23 Million Holdings in KraneShares CSI China Internet ETF (NYSE:KWEB)

Summit Financial LLC trimmed its stake in KraneShares CSI China Internet ETF (NYSE:KWEB) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,154 shares of the company’s stock after selling 802 shares during the period. Summit Financial LLC’s holdings in KraneShares CSI China Internet ETF were worth $1,233,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the stock. JPMorgan Chase & Co. increased its stake in shares of KraneShares CSI China Internet ETF by 200.0% in the fourth quarter. JPMorgan Chase & Co. now owns 3,663,173 shares of the company’s stock valued at $107,111,000 after buying an additional 2,442,107 shares during the period. Appaloosa LP increased its position in KraneShares CSI China Internet ETF by 21.5% during the 4th quarter. Appaloosa LP now owns 4,575,695 shares of the company’s stock valued at $133,793,000 after purchasing an additional 810,695 shares during the period. Raymond James Financial Inc. bought a new position in KraneShares CSI China Internet ETF during the 4th quarter worth approximately $18,649,000. Temasek Holdings Private Ltd lifted its position in shares of KraneShares CSI China Internet ETF by 25.7% in the 3rd quarter. Temasek Holdings Private Ltd now owns 2,793,900 shares of the company’s stock worth $95,048,000 after purchasing an additional 572,100 shares during the period. Finally, Itau Unibanco Holding S.A. acquired a new position in shares of KraneShares CSI China Internet ETF in the 3rd quarter worth approximately $13,642,000.

KraneShares CSI China Internet ETF Trading Up 0.3 %

KWEB opened at $35.02 on Wednesday. KraneShares CSI China Internet ETF has a twelve month low of $24.68 and a twelve month high of $39.17. The company has a fifty day moving average of $34.34 and a 200-day moving average of $32.24.