Parametrica Management Ltd Grows Stock Holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

Parametrica Management Ltd grew its holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 52.6% during the fourth quarter, HoldingsChannel reports. The firm owned 86,200 shares of the company’s stock after acquiring an additional 29,700 shares during the period. KraneShares CSI China Internet ETF comprises about 3.8% of Parametrica Management Ltd’s investment portfolio, making the stock its 11th biggest holding. Parametrica Management Ltd’s holdings in KraneShares CSI China Internet ETF were worth $2,328,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Essex Financial Services Inc. increased its holdings in KraneShares CSI China Internet ETF by 5.1% in the 3rd quarter. Essex Financial Services Inc. now owns 8,311 shares of the company’s stock valued at $227,000 after purchasing an additional 400 shares during the last quarter. ORG Partners LLC grew its stake in shares of KraneShares CSI China Internet ETF by 2.1% in the fourth quarter. ORG Partners LLC now owns 35,730 shares of the company’s stock worth $965,000 after acquiring an additional 744 shares in the last quarter. Perigon Wealth Management LLC grew its stake in shares of KraneShares CSI China Internet ETF by 7.7% in the fourth quarter. Perigon Wealth Management LLC now owns 11,207 shares of the company’s stock worth $303,000 after acquiring an additional 800 shares in the last quarter. Headlands Technologies LLC acquired a new position in shares of KraneShares CSI China Internet ETF in the third quarter worth $25,000. Finally, Sterneck Capital Management LLC grew its stake in shares of KraneShares CSI China Internet ETF by 1.3% in the third quarter. Sterneck Capital Management LLC now owns 92,684 shares of the company’s stock worth $2,537,000 after acquiring an additional 1,216 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Performance

Shares of NYSEARCA:KWEB traded up $0.79 during trading on Friday, hitting $28.80. The company’s stock had a trading volume of 21,409,084 shares, compared to its average volume of 21,921,371. The business has a 50 day moving average price of $26.22 and a two-hundred day moving average price of $26.21. The company has a market capitalization of $5.96 billion, a PE ratio of 20.84 and a beta of 1.28. KraneShares CSI China Internet ETF has a fifty-two week low of $22.68 and a fifty-two week high of $32.06.

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.