Lingotto Investment Management LLP Sells 91,000 Shares of KraneShares CSI China Internet ETF (NYSE:KWEB)

Lingotto Investment Management LLP reduced its stake in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 47.6% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 100,000 shares of the company’s stock after selling 91,000 shares during the period. Lingotto Investment Management LLP’s holdings in KraneShares CSI China Internet ETF were worth $2,702,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of KWEB. Cetera Investment Advisers bought a new position in shares of KraneShares CSI China Internet ETF during the 1st quarter valued at approximately $3,882,000. Hamilton Wealth LLC bought a new position in shares of KraneShares CSI China Internet ETF during the 1st quarter valued at approximately $750,000. EverSource Wealth Advisors LLC boosted its holdings in KraneShares CSI China Internet ETF by 91,900.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 4,600 shares of the company’s stock worth $128,000 after buying an additional 4,595 shares during the period. Cape Investment Advisory Inc. boosted its holdings in KraneShares CSI China Internet ETF by 6,775.2% in the 1st quarter. Cape Investment Advisory Inc. now owns 7,494 shares of the company’s stock worth $197,000 after buying an additional 7,385 shares during the period. Finally, Mather Group LLC. boosted its holdings in 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 buying an additional 866 shares during the period.

KraneShares CSI China Internet ETF Stock Up 1.3 %

KWEB opened at $25.88 on Wednesday. The business has a 50 day simple moving average of $26.31. KraneShares CSI China Internet ETF has a 12 month low of $22.68 and a 12 month high of $32.63.