Clal Insurance Enterprises Holdings Ltd Makes New Investment in KraneShares CSI China Internet ETF (NYSE:KWEB)

Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 8,300,000 shares of the company’s stock, valued at approximately $282,366,000. KraneShares CSI China Internet ETF makes up about 2.5% of Clal Insurance Enterprises Holdings Ltd’s holdings, making the stock its 10th largest holding. Clal Insurance Enterprises Holdings Ltd owned about 3.76% of KraneShares CSI China Internet ETF as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of KWEB. Mount Lucas Management LP grew its holdings in shares of KraneShares CSI China Internet ETF by 136.8% during the 3rd quarter. Mount Lucas Management LP now owns 1,385,000 shares of the company’s stock valued at $47,118,000 after purchasing an additional 800,000 shares during the last quarter. Coalescence Partners Investment Management LP purchased a new stake in KraneShares CSI China Internet ETF during the third quarter valued at about $47,048,000. SG Americas Securities LLC grew its stake in shares of KraneShares CSI China Internet ETF by 739.8% during the third quarter. SG Americas Securities LLC now owns 940,092 shares of the company’s stock valued at $31,982,000 after buying an additional 828,151 shares during the last quarter. Trium Capital LLP increased its holdings in shares of KraneShares CSI China Internet ETF by 7.8% in the third quarter. Trium Capital LLP now owns 856,430 shares of the company’s stock worth $29,136,000 after buying an additional 61,975 shares during the period. Finally, Kapitalo Investimentos Ltda lifted its stake in shares of KraneShares CSI China Internet ETF by 66.8% in the 3rd quarter. Kapitalo Investimentos Ltda now owns 768,000 shares of the company’s stock valued at $26,127,000 after acquiring an additional 307,500 shares during the last quarter.

KraneShares CSI China Internet ETF Stock Down 2.8 %

Shares of KWEB stock opened at $29.85 on Friday. KraneShares CSI China Internet ETF has a fifty-two week low of $22.68 and a fifty-two week high of $39.17. The company has a 50 day moving average of $31.98.