29,511 Shares in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) Bought by Silverleafe Capital Partners LLC

Silverleafe Capital Partners LLC purchased a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 29,511 shares of the company’s stock, valued at approximately $775,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mariner LLC grew its holdings in KraneShares CSI China Internet ETF by 147.0% during the 3rd quarter. Mariner LLC now owns 26,827 shares of the company’s stock worth $734,000 after acquiring an additional 15,967 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in KraneShares CSI China Internet ETF during the 3rd quarter worth $8,956,000. PointState Capital LP acquired a new position in KraneShares CSI China Internet ETF during the 3rd quarter worth $33,776,000. Blackstone Inc. acquired a new position in KraneShares CSI China Internet ETF during the 3rd quarter worth $10,948,000. Finally, Bluefin Capital Management LLC grew its holdings in KraneShares CSI China Internet ETF by 230.4% during the 3rd quarter. Bluefin Capital Management LLC now owns 38,375 shares of the company’s stock worth $1,050,000 after acquiring an additional 26,762 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Performance

NYSEARCA KWEB opened at $27.02 on Friday. KraneShares CSI China Internet ETF has a one year low of $22.68 and a one year high of $32.63. The company has a 50-day simple moving average of $29.34 and a 200-day simple moving average of $26.92. The firm has a market capitalization of $5.36 billion, a PE ratio of 22.48 and a beta of 1.30.

KraneShares CSI China Internet ETF Company Profile

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.