NewEdge Wealth LLC Lowers Holdings in KraneShares CSI China Internet ETF (NYSE:KWEB)

NewEdge Wealth LLC decreased its holdings in KraneShares CSI China Internet ETF (NYSE:KWEB) by 26.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 156,675 shares of the company’s stock after selling 55,945 shares during the quarter. NewEdge Wealth LLC’s holdings in KraneShares CSI China Internet ETF were worth $4,581,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. IFP Advisors Inc boosted its stake in shares of KraneShares CSI China Internet ETF by 553.4% in the fourth quarter. IFP Advisors Inc now owns 3,306 shares of the company’s stock valued at $97,000 after purchasing an additional 2,800 shares during the period. Compass Capital Corp MA ADV acquired a new stake in KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $350,000. Ieq Capital LLC raised its holdings in KraneShares CSI China Internet ETF by 11.8% in the fourth quarter. Ieq Capital LLC now owns 9,230 shares of the company’s stock valued at $270,000 after acquiring an additional 977 shares in the last quarter. Private Advisor Group LLC raised its holdings in KraneShares CSI China Internet ETF by 46.6% in the fourth quarter. Private Advisor Group LLC now owns 39,212 shares of the company’s stock valued at $1,147,000 after acquiring an additional 12,460 shares in the last quarter. Finally, Rye Brook Capital LLC raised its holdings in KraneShares CSI China Internet ETF by 81.0% in the fourth quarter. Rye Brook Capital LLC now owns 174,350 shares of the company’s stock valued at $5,098,000 after acquiring an additional 78,050 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Down 1.4 %

Shares of NYSE:KWEB opened at $34.73 on Friday. The firm’s 50 day moving average price is $31.08 and its 200 day moving average price is $30.53. KraneShares CSI China Internet ETF has a fifty-two week low of $24.49 and a fifty-two week high of $39.17.