Wellington Management Group LLP Purchases Shares of 209,118 KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

Wellington Management Group LLP acquired a new stake in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 209,118 shares of the company’s stock, valued at approximately $5,646,000. Wellington Management Group LLP owned approximately 0.11% of KraneShares CSI China Internet ETF as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the business. Quadrature Capital Ltd purchased a new stake in KraneShares CSI China Internet ETF in the 3rd quarter worth $260,000. B. Riley Wealth Advisors Inc. bought a new position in KraneShares CSI China Internet ETF during the third quarter valued at approximately $259,000. Perigon Wealth Management LLC grew its holdings in KraneShares CSI China Internet ETF by 7.7% during the 4th quarter. Perigon Wealth Management LLC now owns 11,207 shares of the company’s stock valued at $303,000 after buying an additional 800 shares in the last quarter. International Assets Investment Management LLC bought a new stake in KraneShares CSI China Internet ETF in the 4th quarter worth approximately $200,000. Finally, Anthracite Investment Company Inc. purchased a new stake in shares of KraneShares CSI China Internet ETF during the 4th quarter worth approximately $810,000.

KraneShares CSI China Internet ETF Stock Performance

KWEB stock opened at $27.02 on Friday. The firm has a fifty day moving average price of $29.34 and a 200 day moving average price of $26.92. KraneShares CSI China Internet ETF has a fifty-two week low of $22.68 and a fifty-two week high of $32.63. The firm has a market cap of $5.36 billion, a PE ratio of 22.48 and a beta of 1.30.

KraneShares CSI China Internet ETF Profile

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.