Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Takes $6.93 Million Position in KraneShares CSI China Internet ETF $KWEB

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD acquired a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) in the 2nd quarter, Holdings Channel reports. The fund acquired 283,109 shares of the company’s stock, valued at approximately $6,928,000.

Several other institutional investors also recently modified their holdings of KWEB. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD bought a new stake in KraneShares CSI China Internet ETF during the second quarter valued at approximately $21,371,000. Titan Global Capital Management USA LLC raised its position in shares of KraneShares CSI China Internet ETF by 2.4% during the 2nd quarter. Titan Global Capital Management USA LLC now owns 66,268 shares of the company’s stock valued at $1,622,000 after buying an additional 1,550 shares in the last quarter. Everstar Asset Management LLC raised its position in shares of KraneShares CSI China Internet ETF by 53.3% during the 2nd quarter. Everstar Asset Management LLC now owns 81,304 shares of the company’s stock valued at $1,990,000 after buying an additional 28,259 shares in the last quarter. Steadtrust LLC bought a new stake in shares of KraneShares CSI China Internet ETF during the 2nd quarter worth $580,000. Finally, AFG Fiduciary Services Limited Partnership grew its position in KraneShares CSI China Internet ETF by 28.8% in the second quarter. AFG Fiduciary Services Limited Partnership now owns 26,974 shares of the company’s stock worth $674,000 after acquiring an additional 6,025 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Performance

Shares of NYSEARCA:KWEB opened at $27.01 on Friday. The firm has a market capitalization of $5.35 billion, a PE ratio of 15.95 and a beta of 0.36. KraneShares CSI China Internet ETF has a 52-week low of $23.23 and a 52-week high of $43.37. The firm has a fifty day moving average of $26.47 and a 200 day moving average of $28.82.

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.