Raymond James Financial Inc. Invests $18.65 Million in KraneShares CSI China Internet ETF (NYSE:KWEB)

Raymond James Financial Inc. purchased a new stake in KraneShares CSI China Internet ETF (NYSE:KWEB) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 637,800 shares of the company’s stock, valued at approximately $18,649,000. Raymond James Financial Inc. owned approximately 0.34% of KraneShares CSI China Internet ETF at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Atria Investments Inc lifted its holdings in shares of KraneShares CSI China Internet ETF by 9.4% during the 3rd quarter. Atria Investments Inc now owns 10,823 shares of the company’s stock valued at $368,000 after purchasing an additional 926 shares in the last quarter. Apollon Wealth Management LLC acquired a new position in KraneShares CSI China Internet ETF in the 3rd quarter valued at $204,000. Legacy Bridge LLC bought a new stake in KraneShares CSI China Internet ETF in the 3rd quarter valued at about $819,000. Anthracite Investment Company Inc. acquired a new stake in shares of KraneShares CSI China Internet ETF during the 3rd quarter worth $7,144,000. Finally, L & S Advisors Inc bought a new position in KraneShares CSI China Internet ETF in the third quarter valued at approximately $3,455,000.

KraneShares CSI China Internet ETF Stock Up 4.1 %

Shares of KWEB opened at $38.29 on Tuesday. KraneShares CSI China Internet ETF has a 12 month low of $24.68 and a 12 month high of $39.17. The stock’s 50-day moving average price is $32.71 and its two-hundred day moving average price is $31.44.