KraneShares CSI China Internet ETF (NYSE:KWEB) Stake Cut by Alaska Permanent Fund Corp

Alaska Permanent Fund Corp reduced its holdings in KraneShares CSI China Internet ETF (NYSE:KWEB) by 5.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,894,919 shares of the company’s stock after selling 309,693 shares during the period. KraneShares CSI China Internet ETF comprises about 2.9% of Alaska Permanent Fund Corp’s holdings, making the stock its 11th largest holding. Alaska Permanent Fund Corp owned approximately 2.67% of KraneShares CSI China Internet ETF worth $200,545,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. International Assets Investment Management LLC purchased a new stake in shares of KraneShares CSI China Internet ETF during the 2nd quarter worth about $31,000. Mather Group LLC. raised its stake in shares of KraneShares CSI China Internet ETF by 243.9% during the 2nd quarter. Mather Group LLC. now owns 1,221 shares of the company’s stock worth $32,000 after purchasing an additional 866 shares in the last quarter. M&R Capital Management Inc. purchased a new stake in shares of KraneShares CSI China Internet ETF during the 3rd quarter worth about $34,000. Friedenthal Financial purchased a new stake in shares of KraneShares CSI China Internet ETF during the 2nd quarter worth about $119,000. Finally, EverSource Wealth Advisors LLC raised its stake in shares of KraneShares CSI China Internet ETF by 91,900.0% during the 1st quarter. EverSource Wealth Advisors LLC now owns 4,600 shares of the company’s stock worth $128,000 after purchasing an additional 4,595 shares in the last quarter.

KraneShares CSI China Internet ETF Price Performance

KWEB opened at $31.91 on Thursday. KraneShares CSI China Internet ETF has a fifty-two week low of $22.68 and a fifty-two week high of $39.17. The business’s 50-day moving average price is $29.45.