Deltec Asset Management LLC Acquires New Position in KraneShares CSI China Internet ETF (NYSE:KWEB)

Deltec Asset Management LLC purchased a new stake in KraneShares CSI China Internet ETF (NYSE:KWEB) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 50,075 shares of the company’s stock, valued at approximately $1,353,000.

Several other hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC grew its stake in shares of KraneShares CSI China Internet ETF by 3.7% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 19,763 shares of the company’s stock valued at $534,000 after buying an additional 709 shares during the period. Friedenthal Financial purchased a new stake in shares of KraneShares CSI China Internet ETF in the 2nd quarter valued at approximately $119,000. Evanson Asset Management LLC purchased a new stake in shares of KraneShares CSI China Internet ETF in the 2nd quarter valued at approximately $257,000. LifePro Asset Management grew its stake in shares of KraneShares CSI China Internet ETF by 107.0% in the 2nd quarter. LifePro Asset Management now owns 17,531 shares of the company’s stock valued at $474,000 after buying an additional 9,063 shares during the period. Finally, Mather Group LLC. lifted its holdings in shares of KraneShares CSI China Internet ETF by 243.9% in the 2nd quarter. Mather Group LLC. now owns 1,221 shares of the company’s stock worth $32,000 after acquiring an additional 866 shares during the last quarter.

KraneShares CSI China Internet ETF Stock Performance

Shares of KWEB stock traded down $0.61 during trading hours on Wednesday, hitting $26.00. The company had a trading volume of 19,939,354 shares, compared to its average volume of 19,596,842. The business’s fifty day moving average is $27.59. KraneShares CSI China Internet ETF has a fifty-two week low of $22.68 and a fifty-two week high of $32.63.