Fisher Asset Management LLC Acquires 1,933 Shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

Fisher Asset Management LLC lifted its holdings in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 9.3% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 22,677 shares of the company’s stock after acquiring an additional 1,933 shares during the quarter. Fisher Asset Management LLC’s holdings in KraneShares CSI China Internet ETF were worth $612,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Morgan Stanley boosted its stake in shares of KraneShares CSI China Internet ETF by 20.7% during the 3rd quarter. Morgan Stanley now owns 8,511,868 shares of the company’s stock worth $232,970,000 after acquiring an additional 1,458,821 shares during the period. Alaska Permanent Fund Corp lifted its holdings in KraneShares CSI China Internet ETF by 19.0% during the 4th quarter. Alaska Permanent Fund Corp now owns 7,397,867 shares of the company’s stock worth $199,742,000 after purchasing an additional 1,182,456 shares during the last quarter. Rafferty Asset Management LLC lifted its holdings in KraneShares CSI China Internet ETF by 18.7% during the 4th quarter. Rafferty Asset Management LLC now owns 7,386,886 shares of the company’s stock worth $199,446,000 after purchasing an additional 1,163,591 shares during the last quarter. Citigroup Inc. lifted its holdings in KraneShares CSI China Internet ETF by 9.4% during the 3rd quarter. Citigroup Inc. now owns 5,156,597 shares of the company’s stock worth $141,136,000 after purchasing an additional 444,023 shares during the last quarter. Finally, L1 Capital Pty Ltd lifted its holdings in KraneShares CSI China Internet ETF by 20.4% during the 3rd quarter. L1 Capital Pty Ltd now owns 3,689,988 shares of the company’s stock worth $100,995,000 after purchasing an additional 624,858 shares during the last quarter.

KraneShares CSI China Internet ETF Trading Down 1.1 %

NYSEARCA:KWEB opened at $28.29 on Monday. The stock has a market cap of $5.61 billion, a P/E ratio of 22.48 and a beta of 1.30. The stock has a 50 day simple moving average of $29.13 and a 200 day simple moving average of $26.89. KraneShares CSI China Internet ETF has a 1-year low of $22.68 and a 1-year high of $32.63.

About KraneShares CSI China Internet ETF

The KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund tracks a market cap-weighted index composed of overseas-listed Chinese Internet companies. KWEB was launched on Jul 31, 2013 and is managed by KraneShares.