B. Riley Wealth Advisors Inc. Sells 22,119 Shares of KraneShares CSI China Internet ETF (NYSE:KWEB)

B. Riley Wealth Advisors Inc. lessened its stake in KraneShares CSI China Internet ETF (NYSE:KWEB) by 78.7% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,969 shares of the company’s stock after selling 22,119 shares during the quarter. B. Riley Wealth Advisors Inc.’s holdings in KraneShares CSI China Internet ETF were worth $208,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Clal Insurance Enterprises Holdings Ltd bought a new position in KraneShares CSI China Internet ETF during the 3rd quarter valued at $282,366,000. Coalescence Partners Investment Management LP bought a new position in shares of KraneShares CSI China Internet ETF during the third quarter valued at about $47,048,000. SG Americas Securities LLC boosted its holdings in KraneShares CSI China Internet ETF by 739.8% during the third quarter. SG Americas Securities LLC now owns 940,092 shares of the company’s stock worth $31,982,000 after purchasing an additional 828,151 shares during the last quarter. Mount Lucas Management LP grew its position in KraneShares CSI China Internet ETF by 136.8% in the 3rd quarter. Mount Lucas Management LP now owns 1,385,000 shares of the company’s stock worth $47,118,000 after purchasing an additional 800,000 shares in the last quarter. Finally, DRW Securities LLC purchased a new stake in KraneShares CSI China Internet ETF in the 2nd quarter valued at about $19,691,000.

KraneShares CSI China Internet ETF Stock Performance

Shares of NYSE KWEB opened at $29.96 on Friday. The stock’s 50 day moving average price is $31.56 and its 200-day moving average price is $29.35. KraneShares CSI China Internet ETF has a twelve month low of $22.68 and a twelve month high of $39.17.