JTC Employer Solutions Trusteee Ltd purchased a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 2,200 shares of the company’s stock, valued at approximately $154,000.
Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Jaffetilchin Investment Partners LLC grew its position in KraneShares CSI China Internet ETF by 105.8% during the 2nd quarter. Jaffetilchin Investment Partners LLC now owns 124,660 shares of the company’s stock worth $9,067,000 after acquiring an additional 64,101 shares during the last quarter. Cooper Financial Group bought a new stake in KraneShares CSI China Internet ETF during the 1st quarter worth approximately $275,000. CIBC World Markets Inc. grew its position in KraneShares CSI China Internet ETF by 7.2% during the 1st quarter. CIBC World Markets Inc. now owns 37,417 shares of the company’s stock worth $2,857,000 after acquiring an additional 2,519 shares during the last quarter. Millennium Management LLC grew its position in KraneShares CSI China Internet ETF by 48.1% during the 1st quarter. Millennium Management LLC now owns 45,413 shares of the company’s stock worth $3,467,000 after acquiring an additional 14,745 shares during the last quarter. Finally, Morgan Stanley grew its position in KraneShares CSI China Internet ETF by 14.2% during the 1st quarter. Morgan Stanley now owns 4,124,289 shares of the company’s stock worth $314,890,000 after acquiring an additional 514,391 shares during the last quarter.
NYSEARCA:KWEB opened at $51.86 on Friday. The stock’s fifty day moving average price is $53.41 and its two-hundred day moving average price is $67.98. KraneShares CSI China Internet ETF has a 52-week low of $43.39 and a 52-week high of $104.94.
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