Cantor Fitzgerald L. P. Acquires Shares of 8,854 KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

Cantor Fitzgerald L. P. acquired a new stake in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 8,854 shares of the company’s stock, valued at approximately $239,000.

Several other institutional investors and hedge funds also recently made changes to their positions in KWEB. Coatue Management LLC grew its stake in shares of KraneShares CSI China Internet ETF by 0.3% during the 4th quarter. Coatue Management LLC now owns 1,664,814 shares of the company’s stock worth $44,950,000 after acquiring an additional 5,637 shares during the period. LM Advisors LLC purchased a new stake in KraneShares CSI China Internet ETF during the 4th quarter worth about $376,000. Greystone Financial Group LLC lifted its holdings in KraneShares CSI China Internet ETF by 6.4% during the 4th quarter. Greystone Financial Group LLC now owns 10,692 shares of the company’s stock worth $289,000 after purchasing an additional 640 shares in the last quarter. Stamos Capital Partners L.P. purchased a new stake in KraneShares CSI China Internet ETF during the 4th quarter worth about $2,001,000. Finally, Tower Research Capital LLC TRC lifted its holdings in KraneShares CSI China Internet ETF by 273.9% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,520 shares of the company’s stock worth $68,000 after purchasing an additional 1,846 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Up 0.3 %

NYSEARCA:KWEB opened at $28.99 on Thursday. The business’s 50-day moving average price is $28.85 and its two-hundred day moving average price is $26.84. KraneShares CSI China Internet ETF has a twelve month low of $22.68 and a twelve month high of $32.63. The stock has a market cap of $5.75 billion, a P/E ratio of 22.48 and a beta of 1.30.

About KraneShares CSI China Internet ETF

The KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund tracks a market cap-weighted index composed of overseas-listed Chinese Internet companies. KWEB was launched on Jul 31, 2013 and is managed by KraneShares.