Quantitative Investment Management LLC Makes New $5.17 Million Investment in KraneShares CSI China Internet ETF $KWEB

Quantitative Investment Management LLC bought a new stake in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 123,104 shares of the company’s stock, valued at approximately $5,171,000. Quantitative Investment Management LLC owned about 0.05% of KraneShares CSI China Internet ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in KWEB. Temasek Holdings Private Ltd raised its stake in shares of KraneShares CSI China Internet ETF by 80.5% during the 2nd quarter. Temasek Holdings Private Ltd now owns 3,273,592 shares of the company’s stock worth $112,382,000 after buying an additional 1,459,884 shares during the last quarter. Rit Capital Partners PLC acquired a new stake in KraneShares CSI China Internet ETF in the 3rd quarter valued at about $52,907,000. Bessemer Group Inc. grew its stake in KraneShares CSI China Internet ETF by 12.5% in the 3rd quarter. Bessemer Group Inc. now owns 7,130,716 shares of the company’s stock valued at $299,561,000 after acquiring an additional 791,095 shares during the last quarter. Banco BTG Pactual S.A. increased its holdings in KraneShares CSI China Internet ETF by 290.0% during the 2nd quarter. Banco BTG Pactual S.A. now owns 426,700 shares of the company’s stock valued at $14,649,000 after acquiring an additional 651,250 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in KraneShares CSI China Internet ETF by 1,081.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 684,396 shares of the company’s stock valued at $28,751,000 after acquiring an additional 626,475 shares in the last quarter.

KraneShares CSI China Internet ETF Trading Down 1.4%

Shares of KWEB opened at $30.06 on Friday. KraneShares CSI China Internet ETF has a 12-month low of $27.83 and a 12-month high of $43.37. The stock has a market cap of $7.27 billion, a P/E ratio of 15.95 and a beta of 0.25. The company has a 50-day moving average of $33.81 and a two-hundred day moving average of $37.07.

About KraneShares CSI China Internet ETF

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.