Suvretta Capital Management LLC Invests $7.83 Million in KraneShares CSI China Internet ETF (NYSE:KWEB)

Suvretta Capital Management LLC acquired a new stake in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 230,000 shares of the company’s stock, valued at approximately $7,825,000.

A number of other institutional investors have also added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC increased its position in shares of KraneShares CSI China Internet ETF by 3.7% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 19,763 shares of the company’s stock valued at $534,000 after buying an additional 709 shares during the period. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of KraneShares CSI China Internet ETF by 17.8% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 4,700 shares of the company’s stock valued at $128,000 after acquiring an additional 710 shares during the period. EverSource Wealth Advisors LLC grew its stake in KraneShares CSI China Internet ETF by 15.5% during the second quarter. EverSource Wealth Advisors LLC now owns 5,311 shares of the company’s stock valued at $141,000 after acquiring an additional 711 shares in the last quarter. Mather Group LLC. increased its holdings in KraneShares CSI China Internet ETF by 63.8% during the 3rd quarter. Mather Group LLC. now owns 2,000 shares of the company’s stock worth $68,000 after acquiring an additional 779 shares during the period. Finally, Atria Investments Inc lifted its stake in KraneShares CSI China Internet ETF by 9.4% in the 3rd quarter. Atria Investments Inc now owns 10,823 shares of the company’s stock worth $368,000 after purchasing an additional 926 shares in the last quarter.

KraneShares CSI China Internet ETF Stock Up 3.3 %

KWEB opened at $30.92 on Friday. KraneShares CSI China Internet ETF has a one year low of $22.68 and a one year high of $39.17. The firm’s fifty day moving average price is $32.42.