Lingotto Investment Management LLP Sells 91,000 Shares of KraneShares CSI China Internet ETF (NYSE:KWEB)

Lingotto Investment Management LLP trimmed its position in KraneShares CSI China Internet ETF (NYSE:KWEB) by 47.6% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 100,000 shares of the company’s stock after selling 91,000 shares during the period. Lingotto Investment Management LLP owned about 0.06% of KraneShares CSI China Internet ETF worth $2,702,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in KWEB. Cetera Investment Advisers bought a new stake in KraneShares CSI China Internet ETF in the 1st quarter worth about $3,882,000. Hamilton Wealth LLC bought a new stake in KraneShares CSI China Internet ETF in the 1st quarter worth about $750,000. EverSource Wealth Advisors LLC grew its position in KraneShares CSI China Internet ETF by 91,900.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 4,600 shares of the company’s stock worth $128,000 after purchasing an additional 4,595 shares in the last quarter. Cape Investment Advisory Inc. grew its position in KraneShares CSI China Internet ETF by 6,775.2% in the 1st quarter. Cape Investment Advisory Inc. now owns 7,494 shares of the company’s stock worth $197,000 after purchasing an additional 7,385 shares in the last quarter. Finally, Mather Group LLC. grew its position in KraneShares CSI China Internet ETF by 243.9% in the 2nd quarter. Mather Group LLC. now owns 1,221 shares of the company’s stock worth $32,000 after purchasing an additional 866 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Up 1.3 %

Shares of KWEB stock opened at $25.88 on Wednesday. KraneShares CSI China Internet ETF has a 52-week low of $22.68 and a 52-week high of $32.63. The stock has a 50-day moving average price of $26.31.