Ellis Investment Partners LLC Cuts Stock Holdings in KraneShares CSI China Internet ETF (NYSE:KWEB)

Ellis Investment Partners LLC reduced its position in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 16.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,184 shares of the company’s stock after selling 4,909 shares during the period. Ellis Investment Partners LLC’s holdings in KraneShares CSI China Internet ETF were worth $707,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the company. Clal Insurance Enterprises Holdings Ltd purchased a new stake in KraneShares CSI China Internet ETF during the 3rd quarter worth approximately $282,366,000. Temasek Holdings Private Ltd increased its stake in KraneShares CSI China Internet ETF by 25.7% during the 3rd quarter. Temasek Holdings Private Ltd now owns 2,793,900 shares of the company’s stock worth $95,048,000 after buying an additional 572,100 shares in the last quarter. Mount Lucas Management LP increased its stake in KraneShares CSI China Internet ETF by 136.8% during the 3rd quarter. Mount Lucas Management LP now owns 1,385,000 shares of the company’s stock worth $47,118,000 after buying an additional 800,000 shares in the last quarter. Coalescence Partners Investment Management LP purchased a new stake in KraneShares CSI China Internet ETF during the 3rd quarter worth approximately $47,048,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in KraneShares CSI China Internet ETF during the 3rd quarter worth approximately $13,642,000.

KraneShares CSI China Internet ETF Trading Up 3.8 %

NYSE:KWEB opened at $35.65 on Friday. KraneShares CSI China Internet ETF has a 12 month low of $24.49 and a 12 month high of $39.17. The stock has a 50 day moving average of $30.51 and a two-hundred day moving average of $30.01.