Avantax Advisory Services Inc. Has $527,000 Stake in KraneShares CSI China Internet ETF (NYSE:KWEB)

Avantax Advisory Services Inc. lowered its position in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 8.0% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,033 shares of the company’s stock after selling 1,578 shares during the quarter. Avantax Advisory Services Inc.’s holdings in KraneShares CSI China Internet ETF were worth $527,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of KWEB. Wilmington Savings Fund Society FSB raised its stake in shares of KraneShares CSI China Internet ETF by 466.7% in the fourth quarter. Wilmington Savings Fund Society FSB now owns 850 shares of the company’s stock worth $25,000 after acquiring an additional 700 shares during the last quarter. Oakworth Capital Inc. bought a new stake in KraneShares CSI China Internet ETF in the fourth quarter valued at approximately $78,000. IFP Advisors Inc lifted its holdings in KraneShares CSI China Internet ETF by 553.4% during the fourth quarter. IFP Advisors Inc now owns 3,306 shares of the company’s stock worth $97,000 after acquiring an additional 2,800 shares in the last quarter. FMR LLC raised its holdings in KraneShares CSI China Internet ETF by 51.1% during the 3rd quarter. FMR LLC now owns 3,409 shares of the company’s stock worth $116,000 after buying an additional 1,153 shares during the period. Finally, Private Trust Co. NA bought a new position in KraneShares CSI China Internet ETF in the third quarter valued at approximately $170,000.

KraneShares CSI China Internet ETF Price Performance

Shares of KWEB stock opened at $35.58 on Friday. KraneShares CSI China Internet ETF has a 12-month low of $24.68 and a 12-month high of $39.17. The firm has a fifty day moving average of $33.42 and a 200-day moving average of $31.71.