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…