EPG Wealth Management LLC lessened its stake in KraneShares CSI China Internet ETF (NYSE:KWEB – Free Report) by 13.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,436 shares of the company’s stock after selling 1,300 shares during the quarter. EPG Wealth Management LLC’s holdings in KraneShares CSI China Internet ETF were worth $290,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Bessemer Group Inc. increased its holdings in KraneShares CSI China Internet ETF by 0.9% in the second 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 during the last quarter. Clal Insurance Enterprises Holdings Ltd grew its stake in KraneShares CSI China Internet ETF by 75.7% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 4,177,000 shares of the company’s stock valued at $145,819,000 after acquiring an additional 1,800,000 shares during the period. Migdal Insurance & Financial Holdings Ltd. acquired a new position in KraneShares CSI China Internet ETF in the first quarter valued at about $126,065,000. National Bank of Canada FI grew its stake in KraneShares CSI China Internet ETF by 83.7% in the first quarter. National Bank of Canada FI now owns 2,316,036 shares of the company’s stock valued at $80,843,000 after acquiring an additional 1,055,227 shares during the period. Finally, Voya Investment Management LLC acquired a new position in KraneShares CSI China Internet ETF in the first quarter valued at about $63,838,000.
KraneShares CSI China Internet ETF Price Performance
NYSE:KWEB opened at $39.95 on Tuesday. KraneShares CSI China Internet ETF has a 1 year low of $27.27 and a 1 year high of $43.37. The stock has a 50-day moving average price of $40.38 and a two-hundred day moving average price of $36.58.
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