Ping Capital Management Inc. Acquires 78,600 Shares of KraneShares CSI China Internet ETF (NYSE:KWEB)

Ping Capital Management Inc. increased its stake in KraneShares CSI China Internet ETF (NYSE:KWEB) by 25.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 383,600 shares of the company’s stock after purchasing an additional 78,600 shares during the quarter. KraneShares CSI China Internet ETF comprises about 2.7% of Ping Capital Management Inc.’s portfolio, making the stock its 7th biggest holding. Ping Capital Management Inc. owned 0.21% of KraneShares CSI China Internet ETF worth $11,216,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Clal Insurance Enterprises Holdings Ltd bought a new position in KraneShares CSI China Internet ETF during the third quarter valued at approximately $282,366,000. Temasek Holdings Private Ltd increased its position in KraneShares CSI China Internet ETF by 25.7% during the third quarter. Temasek Holdings Private Ltd now owns 2,793,900 shares of the company’s stock worth $95,048,000 after buying an additional 572,100 shares during the last quarter. Mount Lucas Management LP raised its holdings in KraneShares CSI China Internet ETF by 136.8% during the third quarter. Mount Lucas Management LP now owns 1,385,000 shares of the company’s stock valued at $47,118,000 after buying an additional 800,000 shares in the last quarter. Coalescence Partners Investment Management LP bought a new stake in shares of KraneShares CSI China Internet ETF during the 3rd quarter worth about $47,048,000. Finally, Trium Capital LLP increased its holdings in shares of KraneShares CSI China Internet ETF by 7.8% during the 3rd quarter. Trium Capital LLP now owns 856,430 shares of the company’s stock valued at $29,136,000 after acquiring an additional 61,975 shares during the last quarter.

KraneShares CSI China Internet ETF Trading Up 3.3 %

NYSE:KWEB opened at $31.91 on Wednesday. KraneShares CSI China Internet ETF has a 1 year low of $23.06 and a 1 year high of $39.17. The firm’s fifty day simple moving average is $30.15 and its 200 day simple moving average is $29.67.