Unique Wealth Strategies LLC Takes $808,000 Position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

Unique Wealth Strategies LLC purchased a new stake in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 29,919 shares of the company’s stock, valued at approximately $808,000.

Other large investors also recently modified their holdings of the company. Headlands Technologies LLC bought a new position in shares of KraneShares CSI China Internet ETF in the 3rd quarter valued at $25,000. NBC Securities Inc. acquired a new stake in KraneShares CSI China Internet ETF in the third quarter valued at $38,000. Solstein Capital LLC acquired a new stake in KraneShares CSI China Internet ETF in the fourth quarter valued at $38,000. Institutional & Family Asset Management LLC acquired a new stake in KraneShares CSI China Internet ETF in the third quarter valued at $44,000. Finally, EPG Wealth Management LLC increased its holdings in KraneShares CSI China Internet ETF by 133.5% in the third quarter. EPG Wealth Management LLC now owns 3,061 shares of the company’s stock valued at $84,000 after purchasing an additional 1,750 shares during the period.

KraneShares CSI China Internet ETF Price Performance

NYSEARCA KWEB traded up $0.79 on Friday, reaching $28.80. The company had a trading volume of 21,409,084 shares, compared to its average volume of 21,921,371. The firm has a market cap of $5.96 billion, a price-to-earnings ratio of 20.84 and a beta of 1.28. KraneShares CSI China Internet ETF has a fifty-two week low of $22.68 and a fifty-two week high of $32.06. The business has a 50 day moving average of $26.22 and a two-hundred day moving average of $26.21.

KraneShares CSI China Internet ETF Profile

The KraneShares CSI China Internet ETF (KWEB) is an exchange-traded fund that is based on the CSI Overseas China Internet index. The fund tracks a market cap-weighted index composed of overseas-listed Chinese Internet companies. KWEB was launched on Jul 31, 2013 and is managed by KraneShares.