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Noked Israel Ltd Buys New Stake in KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

News Snapshot:

Noked Israel Ltd purchased a new stake in KraneShares CSI China Internet ETF ( NYSEARCA:KWEB – Get Rating ) during the first quarter, HoldingsChannel.com reports. The firm purchased 1,470,000 shares of the company’s stock, valued at approximately $41,910,000. KraneShares CSI China Internet ETF makes up approximately 12.8% of Noked Israel Ltd’s investment portfolio, making the stock its 2nd biggest holding. A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in KWEB. Rafferty Asset Management LLC lifted its position in shares of KraneShares CSI China Internet ETF by 26.9% during the fourth…

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