Rockefeller Capital Management L.P. raised its holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) by 52.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 880,964 shares of the company’s stock after buying an additional 301,343 shares during the period. Rockefeller Capital Management L.P. owned about 0.36% of KraneShares CSI China Internet ETF worth $29,997,000 as of its most recent SEC filing.
Several other institutional investors have also modified their holdings of KWEB. Aurora Investment Managers LLC. lifted its position in KraneShares CSI China Internet ETF by 12.6% in the third quarter. Aurora Investment Managers LLC. now owns 440,048 shares of the company’s stock valued at $18,486,000 after acquiring an additional 49,302 shares during the last quarter. GFG Capital LLC purchased a new stake in KraneShares CSI China Internet ETF during the 4th quarter valued at approximately $668,000. Robinhood Asset Management LLC purchased a new position in KraneShares CSI China Internet ETF in the 4th quarter valued at $54,053,000. NewEdge Wealth LLC lifted its stake in shares of KraneShares CSI China Internet ETF by 67.8% in the 4th quarter. NewEdge Wealth LLC now owns 220,686 shares of the company’s stock worth $7,514,000 after acquiring an additional 89,143 shares during the period. Finally, Quattro Financial Advisors LLC acquired a new stake in KraneShares CSI China Internet ETF in the fourth quarter valued at about $2,676,000.
KraneShares CSI China Internet ETF Price Performance
KraneShares CSI China Internet ETF stock opened at $25.05 on Tuesday. KraneShares CSI China Internet ETF has a 1-year low of $24.82 and a 1-year high of $43.37. The stock’s 50 day moving average price is $27.91 and its 200 day moving average price is $31.33. The company has a market cap of $5.63 billion, a PE ratio of 15.95 and a beta of 0.34.
KraneShares CSI China Internet ETF 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.
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