K.J. Harrison & Partners Inc Buys New Shares in KraneShares CSI China Internet ETF $KWEB

K.J. Harrison & Partners Inc bought a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 61,480 shares of the company’s stock, valued at approximately $1,748,000.

A number of other large investors have also bought and sold shares of the stock. PFG Investments LLC raised its holdings in shares of KraneShares CSI China Internet ETF by 130.3% during the first quarter. PFG Investments LLC now owns 17,520 shares of the company’s stock valued at $498,000 after purchasing an additional 9,914 shares during the period. World Investment Advisors grew its stake in shares of KraneShares CSI China Internet ETF by 24.8% in the 1st quarter. World Investment Advisors now owns 65,885 shares of the company’s stock valued at $1,873,000 after buying an additional 13,105 shares during the period. Cane Capital Partners LLC grew its stake in shares of KraneShares CSI China Internet ETF by 126.3% in the 1st quarter. Cane Capital Partners LLC now owns 31,379 shares of the company’s stock valued at $892,000 after buying an additional 17,515 shares during the period. Flagship Private Wealth LLC acquired a new stake in shares of KraneShares CSI China Internet ETF in the 1st quarter valued at about $517,000. Finally, Fiduciary Alliance LLC increased its position in KraneShares CSI China Internet ETF by 24.8% in the 1st quarter. Fiduciary Alliance LLC now owns 67,838 shares of the company’s stock valued at $2,011,000 after buying an additional 13,485 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Performance

KWEB stock opened at $24.99 on Friday. The stock’s 50 day simple moving average is $27.00 and its 200 day simple moving average is $30.57. KraneShares CSI China Internet ETF has a fifty-two week low of $23.23 and a fifty-two week high of $43.37. The company has a market cap of $4.97 billion, a P/E ratio of 15.95 and a beta of 0.35.

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.