JPMorgan Chase & Co. Cuts Holdings in KraneShares CSI China Internet ETF (NYSE:KWEB)

JPMorgan Chase & Co. lowered its stake in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 22.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,221,066 shares of the company’s stock after selling 361,654 shares during the quarter. JPMorgan Chase & Co. owned 0.66% of KraneShares CSI China Internet ETF worth $41,541,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in KWEB. M&R Capital Management Inc. purchased a new stake in shares of KraneShares CSI China Internet ETF in the 3rd quarter valued at $34,000. Mather Group LLC. boosted its position in KraneShares CSI China Internet ETF by 63.8% during the third quarter. Mather Group LLC. now owns 2,000 shares of the company’s stock valued at $68,000 after buying an additional 779 shares during the period. FMR LLC grew its stake in shares of KraneShares CSI China Internet ETF by 51.1% during the third quarter. FMR LLC now owns 3,409 shares of the company’s stock valued at $116,000 after buying an additional 1,153 shares during the last quarter. Hexagon Capital Partners LLC increased its holdings in shares of KraneShares CSI China Internet ETF by 69.8% in the third quarter. Hexagon Capital Partners LLC now owns 4,380 shares of the company’s stock worth $149,000 after buying an additional 1,800 shares during the period. Finally, Private Trust Co. NA bought a new position in KraneShares CSI China Internet ETF during the 3rd quarter worth approximately $170,000.

KraneShares CSI China Internet ETF Trading Up 0.9 %

Shares of KWEB stock opened at $28.98 on Monday. KraneShares CSI China Internet ETF has a fifty-two week low of $22.68 and a fifty-two week high of $39.17. The stock has a 50 day moving average price of $31.01 and a two-hundred day moving average price of $29.39.