Global Endowment Management LP Has $2.62 Million Stock Holdings in KraneShares CSI China Internet ETF $KWEB

Global Endowment Management LP grew its holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 54.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 77,000 shares of the company’s stock after buying an additional 27,000 shares during the period. Global Endowment Management LP’s holdings in KraneShares CSI China Internet ETF were worth $2,622,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. JPL Wealth Management LLC acquired a new stake in shares of KraneShares CSI China Internet ETF in the third quarter valued at approximately $34,000. SBI Securities Co. Ltd. lifted its position in shares of KraneShares CSI China Internet ETF by 634.2% in the fourth quarter. SBI Securities Co. Ltd. now owns 837 shares of the company’s stock valued at $28,000 after buying an additional 723 shares during the last quarter. Manchester Capital Management LLC acquired a new stake in shares of KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $32,000. Fortitude Family Office LLC acquired a new stake in shares of KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $45,000. Finally, Compagnie Lombard Odier SCmA acquired a new stake in shares of KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $45,000.

KraneShares CSI China Internet ETF Stock Down 0.3%

KWEB opened at $26.49 on Friday. KraneShares CSI China Internet ETF has a 12-month low of $25.90 and a 12-month high of $43.37. The stock has a market cap of $5.95 billion, a price-to-earnings ratio of 15.95 and a beta of 0.34. The business has a 50 day moving average of $28.25 and a 200-day moving average of $31.88.

KraneShares CSI China Internet ETF 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.