Rit Capital Partners PLC bought a new stake in KraneShares CSI China Internet ETF (NYSE:KWEB – Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,260,000 shares of the company’s stock, valued at approximately $52,907,000. KraneShares CSI China Internet ETF accounts for 7.2% of Rit Capital Partners PLC’s holdings, making the stock its 5th largest position.
Other large investors have also recently bought and sold shares of the company. Bessemer Group Inc. raised its position in shares of KraneShares CSI China Internet ETF by 0.9% in the 2nd quarter. Bessemer Group Inc. now owns 6,339,621 shares of the company’s stock worth $217,640,000 after acquiring an additional 56,956 shares in the last quarter. Temasek Holdings Private Ltd grew its stake in KraneShares CSI China Internet ETF by 80.5% during the second quarter. Temasek Holdings Private Ltd now owns 3,273,592 shares of the company’s stock worth $112,382,000 after purchasing an additional 1,459,884 shares during the period. Kapitalo Investimentos Ltda increased its holdings in KraneShares CSI China Internet ETF by 6.2% in the third quarter. Kapitalo Investimentos Ltda now owns 1,332,000 shares of the company’s stock worth $55,957,000 after purchasing an additional 78,000 shares in the last quarter. BW Gestao de Investimentos Ltda. increased its holdings in KraneShares CSI China Internet ETF by 73.1% in the second quarter. BW Gestao de Investimentos Ltda. now owns 586,800 shares of the company’s stock worth $20,145,000 after purchasing an additional 247,800 shares in the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in shares of KraneShares CSI China Internet ETF during the 2nd quarter worth approximately $18,132,000.
KraneShares CSI China Internet ETF Stock Down 0.9%
KWEB opened at $35.07 on Tuesday. The company has a fifty day moving average price of $36.13 and a two-hundred day moving average price of $37.92. KraneShares CSI China Internet ETF has a 1-year low of $27.83 and a 1-year high of $43.37.
The KraneShares CSI China Internet ETF (NYSE: KWEB) is an exchange-traded fund designed to offer investors targeted exposure to China’s rapidly evolving internet sector. Launched in May 2013, the fund seeks to track the CSI China Overseas Internet Index, which captures the performance of Chinese companies primarily engaged in internet and internet-related activities. KWEB provides access to companies operating across e-commerce, online gaming, social media, internet search, online entertainment and education, and related services.
The fund holds a diversified portfolio of equities that includes American depositary receipts (ADRs), Hong Kong–listed H-shares and companies trading on Chinese mainland exchanges.
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