KraneShares CSI China Internet ETF (NYSE:KWEB) Stock Position Reduced by JTC Employer Solutions Trustee Ltd

JTC Employer Solutions Trustee Ltd cut its stake in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 9.8% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,340 shares of the company’s stock after selling 2,200 shares during the period. JTC Employer Solutions Trustee Ltd’s holdings in KraneShares CSI China Internet ETF were worth $592,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd purchased a new position in KraneShares CSI China Internet ETF during the third quarter valued at approximately $282,366,000. Temasek Holdings Private Ltd grew its position in KraneShares CSI China Internet ETF by 25.7% in the third quarter. Temasek Holdings Private Ltd now owns 2,793,900 shares of the company’s stock worth $95,048,000 after acquiring an additional 572,100 shares in the last quarter. Mount Lucas Management LP grew its position in KraneShares CSI China Internet ETF by 136.8% in the third quarter. Mount Lucas Management LP now owns 1,385,000 shares of the company’s stock worth $47,118,000 after acquiring an additional 800,000 shares in the last quarter. Coalescence Partners Investment Management LP bought a new stake in KraneShares CSI China Internet ETF in the third quarter worth approximately $47,048,000. Finally, SG Americas Securities LLC grew its position in KraneShares CSI China Internet ETF by 739.8% in the third quarter. SG Americas Securities LLC now owns 940,092 shares of the company’s stock worth $31,982,000 after acquiring an additional 828,151 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Performance

KWEB stock traded up $0.12 during trading hours on Monday, hitting $27.41. The company’s stock had a trading volume of 5,954,265 shares, compared to its average volume of 12,691,501. KraneShares CSI China Internet ETF has a 12 month low of $22.68 and a 12 month high of $39.17. The stock has a 50 day moving average price of $30.57 and a two-hundred day moving average price of $29.38.