Napa Wealth Management cut its stake in KraneShares CSI China Internet ETF (NYSE:KWEB – Free Report) by 3.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 40,347 shares of the company’s stock after selling 1,277 shares during the period. Napa Wealth Management’s holdings in KraneShares CSI China Internet ETF were worth $1,373,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also made changes to their positions in KWEB. M&R Capital Management Inc. acquired a new position in KraneShares CSI China Internet ETF during the 3rd quarter worth approximately $34,000. International Assets Investment Management LLC acquired a new position in shares of KraneShares CSI China Internet ETF during the 2nd quarter worth about $31,000. Mather Group LLC. increased 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 valued at $32,000 after acquiring an additional 866 shares during the last quarter. Hexagon Capital Partners LLC increased its holdings in shares of KraneShares CSI China Internet ETF by 69.8% in the 3rd quarter. Hexagon Capital Partners LLC now owns 4,380 shares of the company’s stock valued at $149,000 after acquiring an additional 1,800 shares during the last quarter. Finally, Friedenthal Financial acquired a new stake in shares of KraneShares CSI China Internet ETF during the 2nd quarter worth about $119,000.
KraneShares CSI China Internet ETF Price Performance
Shares of KWEB opened at $30.47 on Monday. The company has a 50 day simple moving average of $31.55. KraneShares CSI China Internet ETF has a 52-week low of $22.68 and a 52-week high of $39.17.
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