KraneShares CSI China Internet ETF $KWEB Shares Sold by Main Management ETF Advisors LLC

Main Management ETF Advisors LLC reduced its stake in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 0.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 345,720 shares of the company’s stock after selling 2,010 shares during the quarter. KraneShares CSI China Internet ETF comprises approximately 0.5% of Main Management ETF Advisors LLC’s portfolio, making the stock its 14th largest holding. Main Management ETF Advisors LLC’s holdings in KraneShares CSI China Internet ETF were worth $11,869,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bessemer Group Inc. grew its holdings in shares of KraneShares CSI China Internet ETF by 0.9% during the second quarter. Bessemer Group Inc. now owns 6,339,621 shares of the company’s stock worth $217,640,000 after purchasing an additional 56,956 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its position in shares of KraneShares CSI China Internet ETF by 75.7% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 4,177,000 shares of the company’s stock valued at $145,819,000 after purchasing an additional 1,800,000 shares during the period. National Bank of Canada FI grew its stake in KraneShares CSI China Internet ETF by 83.7% during the 1st quarter. National Bank of Canada FI now owns 2,316,036 shares of the company’s stock worth $80,843,000 after buying an additional 1,055,227 shares during the last quarter. Voya Investment Management LLC purchased a new position in KraneShares CSI China Internet ETF during the 1st quarter worth approximately $63,838,000. Finally, Temasek Holdings Private Ltd increased its position in KraneShares CSI China Internet ETF by 93.9% during the first quarter. Temasek Holdings Private Ltd now owns 1,813,708 shares of the company’s stock worth $63,317,000 after buying an additional 878,118 shares during the period.

KraneShares CSI China Internet ETF Price Performance

KWEB stock opened at $37.30 on Thursday. The business has a 50 day simple moving average of $40.46 and a 200-day simple moving average of $37.14. KraneShares CSI China Internet ETF has a twelve month low of $27.27 and a twelve month high of $43.37.