Nano Cap New Millennium Growth Fund L P purchased a new position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 99,000 shares of the company’s stock, valued at approximately $3,371,000. KraneShares CSI China Internet ETF makes up approximately 2.9% of Nano Cap New Millennium Growth Fund L P’s investment portfolio, making the stock its 3rd biggest holding.
Several other hedge funds have also bought and sold shares of the stock. SBI Securities Co. Ltd. increased its holdings in shares of KraneShares CSI China Internet ETF by 634.2% in the 4th quarter. SBI Securities Co. Ltd. now owns 837 shares of the company’s stock worth $28,000 after buying an additional 723 shares during the last quarter. JPL Wealth Management LLC bought a new stake in shares of KraneShares CSI China Internet ETF in the 3rd quarter worth about $34,000. Fortitude Family Office LLC bought a new stake in shares of KraneShares CSI China Internet ETF in the 4th quarter worth about $45,000. Compagnie Lombard Odier SCmA bought a new stake in shares of KraneShares CSI China Internet ETF in the 4th quarter worth about $45,000. Finally, International Assets Investment Management LLC bought a new stake in shares of KraneShares CSI China Internet ETF in the 4th quarter worth about $49,000.
KraneShares CSI China Internet ETF Stock Down 1.7%
KraneShares CSI China Internet ETF stock opened at $27.63 on Friday. The company’s 50-day moving average price is $28.96 and its 200-day moving average price is $33.16. KraneShares CSI China Internet ETF has a twelve month low of $27.12 and a twelve month high of $43.37. The company has a market cap of $6.21 billion, a PE ratio of 15.95 and a beta of 0.36.
KraneShares CSI China Internet ETF Company 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.
Featured Stories
- Five stocks we like better than KraneShares CSI China Internet ETF
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
- Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
- The Silver Lining of Last Week’s Hims & Hers Earnings Miss
Want to see what other hedge funds are holding KWEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report).
Receive News & Ratings for KraneShares CSI China Internet ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares CSI China Internet ETF and related companies with MarketBeat.com's FREE daily email newsletter.
