K.J. Harrison & Partners Inc Invests $2.43 Million in KraneShares CSI China Internet ETF $KWEB

K.J. Harrison & Partners Inc purchased a new position in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) during the third quarter, Holdings Channel reports. The firm purchased 56,480 shares of the company’s stock, valued at approximately $2,425,000.

A number of other institutional investors have also bought and sold shares of KWEB. NewEdge Advisors LLC lifted its position in KraneShares CSI China Internet ETF by 11.3% during the first quarter. NewEdge Advisors LLC now owns 23,424 shares of the company’s stock worth $818,000 after buying an additional 2,383 shares in the last quarter. Empowered Funds LLC acquired a new stake in shares of KraneShares CSI China Internet ETF in the 1st quarter worth $1,518,000. Quaker Wealth Management LLC raised its holdings in shares of KraneShares CSI China Internet ETF by 200.0% during the 2nd quarter. Quaker Wealth Management LLC now owns 1,000 shares of the company’s stock worth $34,000 after acquiring an additional 2,000 shares during the period. World Investment Advisors boosted its position in shares of KraneShares CSI China Internet ETF by 26.6% during the 2nd quarter. World Investment Advisors now owns 52,710 shares of the company’s stock valued at $1,810,000 after acquiring an additional 11,085 shares during the last quarter. Finally, Helios Capital Management PTE. Ltd. grew its holdings in shares of KraneShares CSI China Internet ETF by 1,927.3% in the second quarter. Helios Capital Management PTE. Ltd. now owns 223,000 shares of the company’s stock valued at $7,656,000 after purchasing an additional 212,000 shares during the period.

KraneShares CSI China Internet ETF Stock Performance

KraneShares CSI China Internet ETF stock opened at $32.24 on Thursday. The company has a 50-day moving average price of $34.78 and a 200 day moving average price of $37.59. KraneShares CSI China Internet ETF has a 12-month low of $27.83 and a 12-month high of $43.37.

The KraneShares CSI China Internet ETF (NYSE: KWEB) is an exchange-traded fund designed to offer investors targeted exposure to China’s rapidly evolving internet sector. Launched in May 2013, the fund seeks to track the CSI China Overseas Internet Index, which captures the performance of Chinese companies primarily engaged in internet and internet-related activities. KWEB provides access to companies operating across e-commerce, online gaming, social media, internet search, online entertainment and education, and related services.

The fund holds a diversified portfolio of equities that includes American depositary receipts (ADRs), Hong Kong–listed H-shares and companies trading on Chinese mainland exchanges.