Senator Investment Group LP Makes New $3.51 Million Investment in KraneShares CSI China Internet ETF $KWEB

Senator Investment Group LP bought a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the 4th quarter, Holdings Channel reports. The firm bought 103,000 shares of the company’s stock, valued at approximately $3,507,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Banque Cantonale Vaudoise grew its position in KraneShares CSI China Internet ETF by 2.9% during the third quarter. Banque Cantonale Vaudoise now owns 9,953 shares of the company’s stock worth $418,000 after buying an additional 284 shares during the period. Magnus Financial Group LLC grew its position in KraneShares CSI China Internet ETF by 2.4% during the fourth quarter. Magnus Financial Group LLC now owns 15,901 shares of the company’s stock worth $541,000 after buying an additional 380 shares during the period. TAGStone Capital Inc. grew its position in KraneShares CSI China Internet ETF by 6.1% during the fourth quarter. TAGStone Capital Inc. now owns 6,815 shares of the company’s stock worth $232,000 after buying an additional 390 shares during the period. Highline Wealth Partners LLC grew its position in KraneShares CSI China Internet ETF by 5.6% during the fourth quarter. Highline Wealth Partners LLC now owns 7,994 shares of the company’s stock worth $272,000 after buying an additional 424 shares during the period. Finally, Larson Financial Group LLC grew its position in KraneShares CSI China Internet ETF by 6.1% during the fourth quarter. Larson Financial Group LLC now owns 8,490 shares of the company’s stock worth $289,000 after buying an additional 487 shares during the period.

KraneShares CSI China Internet ETF Trading Up 0.5%

Shares of KWEB opened at $26.62 on Tuesday. The firm’s 50-day moving average is $28.22 and its two-hundred day moving average is $31.77. The firm has a market capitalization of $5.98 billion, a P/E ratio of 15.95 and a beta of 0.34. KraneShares CSI China Internet ETF has a twelve month low of $25.90 and a twelve month high of $43.37.

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.