Claraphi Advisory Network LLC decreased its holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 6.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 60,413 shares of the company’s stock after selling 4,210 shares during the period. KraneShares CSI China Internet ETF comprises 1.3% of Claraphi Advisory Network LLC’s portfolio, making the stock its 6th largest holding. Claraphi Advisory Network LLC owned about 0.06% of KraneShares CSI China Internet ETF worth $4,216,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Bank of Montreal Can increased its holdings in KraneShares CSI China Internet ETF by 366.1% in the first quarter. Bank of Montreal Can now owns 30,531 shares of the company’s stock worth $2,370,000 after buying an additional 23,980 shares during the last quarter. Stifel Financial Corp increased its holdings in KraneShares CSI China Internet ETF by 18.9% in the first quarter. Stifel Financial Corp now owns 97,622 shares of the company’s stock worth $7,453,000 after buying an additional 15,529 shares during the last quarter. Stonebridge Capital Advisors LLC acquired a new position in KraneShares CSI China Internet ETF in the first quarter worth approximately $27,000. Acima Private Wealth LLC increased its holdings in KraneShares CSI China Internet ETF by 4.2% in the first quarter. Acima Private Wealth LLC now owns 20,173 shares of the company’s stock worth $1,540,000 after buying an additional 820 shares during the last quarter. Finally, Turim 21 Investimentos Ltda. acquired a new position in KraneShares CSI China Internet ETF in the first quarter worth approximately $22,413,000.

NYSEARCA:KWEB traded down $0.35 during mid-day trading on Wednesday, reaching $49.64. The stock had a trading volume of 648,029 shares, compared to its average volume of 6,626,738. The business’s 50 day moving average is $48.93 and its 200 day moving average is $61.10. KraneShares CSI China Internet ETF has a fifty-two week low of $43.39 and a fifty-two week high of $104.94.

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