Riggs Asset Managment Co. Inc. Buys Shares of 151,219 KraneShares CSI China Internet ETF (NYSE:KWEB)

Riggs Asset Managment Co. Inc. bought a new stake in shares of KraneShares CSI China Internet ETF (NYSE:KWEBFree Report) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund bought 151,219 shares of the company’s stock, valued at approximately $5,279,000. KraneShares CSI China Internet ETF makes up 1.5% of Riggs Asset Managment Co. Inc.’s portfolio, making the stock its 22nd biggest position.

Several other hedge funds also recently bought and sold shares of the company. Bessemer Group Inc. bought a new stake in shares of KraneShares CSI China Internet ETF in the 1st quarter valued at approximately $219,328,000. Appaloosa LP grew its stake in shares of KraneShares CSI China Internet ETF by 21.5% in the 4th quarter. Appaloosa LP now owns 4,575,695 shares of the company’s stock valued at $133,793,000 after buying an additional 810,695 shares in the last quarter. Slate Path Capital LP grew its stake in shares of KraneShares CSI China Internet ETF by 12.3% in the 4th quarter. Slate Path Capital LP now owns 4,112,000 shares of the company’s stock valued at $120,235,000 after buying an additional 449,963 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of KraneShares CSI China Internet ETF by 200.0% in the 4th quarter. JPMorgan Chase & Co. now owns 3,663,173 shares of the company’s stock valued at $107,111,000 after buying an additional 2,442,107 shares in the last quarter. Finally, Mount Lucas Management LP grew its stake in shares of KraneShares CSI China Internet ETF by 8.9% in the 4th quarter. Mount Lucas Management LP now owns 1,507,900 shares of the company’s stock valued at $44,091,000 after buying an additional 122,900 shares in the last quarter.

KraneShares CSI China Internet ETF Price Performance

Shares of NYSE KWEB opened at $33.63 on Friday. The business has a 50 day simple moving average of $33.87 and a 200 day simple moving average of $32.81. KraneShares CSI China Internet ETF has a 52 week low of $24.68 and a 52 week high of $39.17.

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Institutional Ownership by Quarter for KraneShares CSI China Internet ETF (NYSE:KWEB)

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