Simmons Bank decreased its holdings in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 1.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 51,293 shares of the company’s stock after selling 637 shares during the quarter. Simmons Bank’s holdings in KraneShares CSI China Internet ETF were worth $3,579,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Cooper Financial Group acquired a new position in KraneShares CSI China Internet ETF during the first quarter valued at approximately $275,000. CIBC World Markets Inc. grew its holdings in KraneShares CSI China Internet ETF by 7.2% during the first quarter. CIBC World Markets Inc. now owns 37,417 shares of the company’s stock valued at $2,857,000 after purchasing an additional 2,519 shares during the period. Millennium Management LLC grew its holdings in KraneShares CSI China Internet ETF by 48.1% during the first quarter. Millennium Management LLC now owns 45,413 shares of the company’s stock valued at $3,467,000 after purchasing an additional 14,745 shares during the period. Morgan Stanley grew its holdings in KraneShares CSI China Internet ETF by 14.2% during the first quarter. Morgan Stanley now owns 4,124,289 shares of the company’s stock valued at $314,890,000 after purchasing an additional 514,391 shares during the period. Finally, Point Break Capital Management LLC acquired a new position in KraneShares CSI China Internet ETF during the first quarter valued at approximately $369,000.

KWEB traded down $0.50 during trading on Friday, reaching $48.32. The company had a trading volume of 8,586,528 shares, compared to its average volume of 5,172,742. KraneShares CSI China Internet ETF has a 12 month low of $43.39 and a 12 month high of $104.94. The company’s fifty day moving average price is $56.68.

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