KraneShares CSI China Internet ETF $KWEB Shares Purchased by TD Waterhouse Canada Inc.

TD Waterhouse Canada Inc. raised its holdings in KraneShares CSI China Internet ETF (NYSE:KWEB) by 905.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 154,117 shares of the company’s stock after acquiring an additional 138,796 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in KraneShares CSI China Internet ETF were worth $6,543,000 as of its most recent filing with the SEC.

Several other institutional investors also recently made changes to their positions in the stock. Bessemer Group Inc. increased its holdings 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 valued at $217,640,000 after purchasing an additional 56,956 shares in the last quarter. Temasek Holdings Private Ltd grew its position 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 buying an additional 1,459,884 shares during the period. 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 valued at $20,145,000 after buying an additional 247,800 shares in the last quarter. Quadrature Capital Ltd purchased a new position in KraneShares CSI China Internet ETF in the second quarter valued at about $18,132,000. Finally, Trek Financial LLC lifted its position in shares of KraneShares CSI China Internet ETF by 106.4% during the 2nd quarter. Trek Financial LLC now owns 445,927 shares of the company’s stock valued at $15,309,000 after acquiring an additional 229,909 shares during the period.

KraneShares CSI China Internet ETF Stock Performance

KWEB opened at $35.38 on Friday. KraneShares CSI China Internet ETF has a 1-year low of $27.83 and a 1-year high of $43.37. The stock’s 50 day simple moving average is $36.17 and its 200 day simple moving average is $37.89.

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.