Arete Wealth Advisors LLC Makes New Investment in KraneShares CSI China Internet ETF (NYSE:KWEB)

Arete Wealth Advisors LLC purchased a new stake in KraneShares CSI China Internet ETF (NYSE:KWEB) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 6,485 shares of the company’s stock, valued at approximately $221,000.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd purchased a new stake in KraneShares CSI China Internet ETF in the 3rd quarter valued at about $282,366,000. Coalescence Partners Investment Management LP acquired a new stake in shares of KraneShares CSI China Internet ETF during the third quarter valued at about $47,048,000. SG Americas Securities LLC raised its stake in shares of KraneShares CSI China Internet ETF by 739.8% in the 3rd quarter. SG Americas Securities LLC now owns 940,092 shares of the company’s stock valued at $31,982,000 after acquiring an additional 828,151 shares during the period. Mount Lucas Management LP lifted its holdings in shares of KraneShares CSI China Internet ETF by 136.8% in the 3rd quarter. Mount Lucas Management LP now owns 1,385,000 shares of the company’s stock worth $47,118,000 after acquiring an additional 800,000 shares during the last quarter. Finally, DRW Securities LLC purchased a new position in shares of KraneShares CSI China Internet ETF during the 2nd quarter worth approximately $19,691,000.

KraneShares CSI China Internet ETF Price Performance

Shares of NYSE KWEB opened at $31.71 on Friday. The business’s 50 day moving average is $32.11 and its two-hundred day moving average is $29.32. KraneShares CSI China Internet ETF has a 52-week low of $22.68 and a 52-week high of $39.17.