Avaii Wealth Management LLC Has $597,000 Stock Position in KraneShares CSI China Internet ETF (NYSE:KWEB)

Avaii Wealth Management LLC cut its stake in KraneShares CSI China Internet ETF (NYSE:KWEB) by 8.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,428 shares of the company’s stock after selling 1,961 shares during the period. Avaii Wealth Management LLC’s holdings in KraneShares CSI China Internet ETF were worth $597,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of KWEB. Clal Insurance Enterprises Holdings Ltd bought a new position in KraneShares CSI China Internet ETF in the 3rd quarter worth approximately $282,366,000. Temasek Holdings Private Ltd boosted its holdings in KraneShares CSI China Internet ETF by 25.7% in the third quarter. Temasek Holdings Private Ltd now owns 2,793,900 shares of the company’s stock valued at $95,048,000 after acquiring an additional 572,100 shares during the last quarter. Mount Lucas Management LP boosted its holdings in KraneShares CSI China Internet ETF by 136.8% in the third quarter. Mount Lucas Management LP now owns 1,385,000 shares of the company’s stock valued at $47,118,000 after acquiring an additional 800,000 shares during the last quarter. Coalescence Partners Investment Management LP acquired a new stake in KraneShares CSI China Internet ETF in the third quarter worth about $47,048,000. Finally, SG Americas Securities LLC raised its holdings in KraneShares CSI China Internet ETF by 739.8% during the 3rd quarter. SG Americas Securities LLC now owns 940,092 shares of the company’s stock worth $31,982,000 after purchasing an additional 828,151 shares during the last quarter.

KraneShares CSI China Internet ETF Stock Performance

KraneShares CSI China Internet ETF stock opened at $30.54 on Friday. KraneShares CSI China Internet ETF has a 1 year low of $22.98 and a 1 year high of $39.17. The company’s 50-day moving average is $30.01 and its two-hundred day moving average is $29.47.