Mandatum Life Insurance Co Ltd Sells 5,698 Shares of KraneShares CSI China Internet ETF (NYSE:KWEB)

Mandatum Life Insurance Co Ltd decreased its holdings in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 1.2% in the 3rd quarter, Holdings Channel reports. The firm owned 477,019 shares of the company’s stock after selling 5,698 shares during the quarter. KraneShares CSI China Internet ETF comprises about 5.0% of Mandatum Life Insurance Co Ltd’s investment portfolio, making the stock its 3rd biggest holding. Mandatum Life Insurance Co Ltd’s holdings in KraneShares CSI China Internet ETF were worth $16,228,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. M&R Capital Management Inc. bought a new stake in KraneShares CSI China Internet ETF during the third quarter valued at $34,000. International Assets Investment Management LLC bought a new position in shares of KraneShares CSI China Internet ETF during the second quarter worth about $31,000. Mather Group LLC. grew its position in shares of KraneShares CSI China Internet ETF by 243.9% during the second quarter. Mather Group LLC. now owns 1,221 shares of the company’s stock worth $32,000 after acquiring an additional 866 shares during the last quarter. Hexagon Capital Partners LLC grew its position in shares of KraneShares CSI China Internet ETF by 69.8% during the third quarter. Hexagon Capital Partners LLC now owns 4,380 shares of the company’s stock worth $149,000 after acquiring an additional 1,800 shares during the last quarter. Finally, Friedenthal Financial bought a new position in shares of KraneShares CSI China Internet ETF during the second quarter worth about $119,000.

KraneShares CSI China Internet ETF Stock Performance

Shares of KraneShares CSI China Internet ETF stock traded down $0.44 during trading on Monday, hitting $32.13. 9,704,620 shares of the stock were exchanged, compared to its average volume of 21,962,088. The company has a fifty day moving average of $29.10. KraneShares CSI China Internet ETF has a 12 month low of $22.68 and a 12 month high of $39.17.