New Vernon Capital Holdings II LLC acquired a new position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 27,409 shares of the company’s stock, valued at approximately $1,913,000. KraneShares CSI China Internet ETF comprises 0.7% of New Vernon Capital Holdings II LLC’s investment portfolio, making the stock its 14th biggest position.
A number of other institutional investors and hedge funds have also recently made changes to their positions in KWEB. City of London Investment Management Co. Ltd. bought a new position in KraneShares CSI China Internet ETF during the second quarter worth $85,732,000. Rafferty Asset Management LLC lifted its stake in KraneShares CSI China Internet ETF by 103.8% in the second quarter. Rafferty Asset Management LLC now owns 1,130,948 shares of the company’s stock valued at $78,918,000 after buying an additional 576,147 shares during the last quarter. Morgan Stanley lifted its stake in KraneShares CSI China Internet ETF by 14.2% in the first quarter. Morgan Stanley now owns 4,124,289 shares of the company’s stock valued at $314,890,000 after buying an additional 514,391 shares during the last quarter. Meitav Dash Investments Ltd. lifted its stake in KraneShares CSI China Internet ETF by 160.3% in the second quarter. Meitav Dash Investments Ltd. now owns 635,732 shares of the company’s stock valued at $44,356,000 after buying an additional 391,538 shares during the last quarter. Finally, Turim 21 Investimentos Ltda. lifted its stake in KraneShares CSI China Internet ETF by 125.2% in the second quarter. Turim 21 Investimentos Ltda. now owns 661,197 shares of the company’s stock valued at $46,138,000 after buying an additional 367,635 shares during the last quarter.
KWEB stock opened at $52.78 on Friday. KraneShares CSI China Internet ETF has a 1 year low of $43.39 and a 1 year high of $104.94. The stock’s fifty day moving average is $48.93 and its two-hundred day moving average is $61.21.
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