Belpointe Asset Management LLC cut its position in shares of KraneShares CSI China Internet ETF (NYSE:KWEB – Free Report) by 10.2% during the fourth quarter, Holdings Channel reports. The institutional investor owned 16,731 shares of the company’s stock after selling 1,892 shares during the quarter. Belpointe Asset Management LLC’s holdings in KraneShares CSI China Internet ETF were worth $489,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of KraneShares CSI China Internet ETF by 200.0% during the 4th quarter. JPMorgan Chase & Co. now owns 3,663,173 shares of the company’s stock worth $107,111,000 after purchasing an additional 2,442,107 shares in the last quarter. National Bank of Canada FI lifted its position in KraneShares CSI China Internet ETF by 29,608.0% in the fourth quarter. National Bank of Canada FI now owns 1,260,809 shares of the company’s stock worth $36,866,000 after purchasing an additional 1,256,565 shares during the period. Appaloosa LP boosted its stake in KraneShares CSI China Internet ETF by 21.5% during the fourth quarter. Appaloosa LP now owns 4,575,695 shares of the company’s stock worth $133,793,000 after buying an additional 810,695 shares in the last quarter. Raymond James Financial Inc. bought a new stake in KraneShares CSI China Internet ETF in the 4th quarter valued at $18,649,000. Finally, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management acquired a new position in shares of KraneShares CSI China Internet ETF in the 4th quarter valued at $8,772,000.
KraneShares CSI China Internet ETF Stock Down 3.0 %
NYSE:KWEB opened at $30.17 on Thursday. The company has a 50-day moving average of $34.23 and a 200-day moving average of $32.37. KraneShares CSI China Internet ETF has a 52 week low of $24.68 and a 52 week high of $39.17.
Featured Stories
- Five stocks we like better than KraneShares CSI China Internet ETF
- ESG Stocks, What Investors Should Know
- Viking Therapeutics Stock Pops But Struggles to Hold Gains
- 3 Stocks to Protect Your Portfolio from the Coronavirus Contagion
- Qualcomm Stock Just Earned a Fresh Buy Rating—Get Excited
- Growth Stocks: What They Are, What They Are Not
- Meta Stock Holds Upside Potential as Analysts Cut Price Targets
Want to see what other hedge funds are holding KWEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KraneShares CSI China Internet ETF (NYSE:KWEB – Free Report).
Receive News & Ratings for KraneShares CSI China Internet ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares CSI China Internet ETF and related companies with MarketBeat.com's FREE daily email newsletter.
