HighTower Advisors LLC Trims Stake in KraneShares CSI China Internet ETF (NYSE:KWEB)

HighTower Advisors LLC reduced its position in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 14.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 307,500 shares of the company’s stock after selling 51,912 shares during the period. HighTower Advisors LLC owned approximately 0.16% of KraneShares CSI China Internet ETF worth $8,991,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of KraneShares CSI China Internet ETF during the 3rd quarter valued at $282,366,000. Temasek Holdings Private Ltd grew its position in shares of KraneShares CSI China Internet ETF by 25.7% during the 3rd quarter. Temasek Holdings Private Ltd now owns 2,793,900 shares of the company’s stock valued at $95,048,000 after purchasing an additional 572,100 shares in the last quarter. Mount Lucas Management LP grew its position in shares of KraneShares CSI China Internet ETF by 8.9% during the 4th quarter. Mount Lucas Management LP now owns 1,507,900 shares of the company’s stock valued at $44,091,000 after purchasing an additional 122,900 shares in the last quarter. Raymond James Financial Inc. purchased a new position in shares of KraneShares CSI China Internet ETF during the 4th quarter valued at $18,649,000. Finally, Itau Unibanco Holding S.A. purchased a new position in shares of KraneShares CSI China Internet ETF during the 3rd quarter valued at $13,642,000.

KraneShares CSI China Internet ETF Trading Up 4.1 %

Shares of NYSE:KWEB opened at $38.29 on Tuesday. KraneShares CSI China Internet ETF has a 52-week low of $24.68 and a 52-week high of $39.17. The firm has a fifty day moving average of $32.71 and a 200 day moving average of $31.44.