Parametrica Management Ltd Boosts Stock Position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

Parametrica Management Ltd increased its stake in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 52.6% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 86,200 shares of the company’s stock after buying an additional 29,700 shares during the period. KraneShares CSI China Internet ETF accounts for about 3.8% of Parametrica Management Ltd’s holdings, making the stock its 11th largest holding. Parametrica Management Ltd’s holdings in KraneShares CSI China Internet ETF were worth $2,328,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Headlands Technologies LLC boosted its stake in KraneShares CSI China Internet ETF by 6,469.3% during the 4th quarter. Headlands Technologies LLC now owns 60,306 shares of the company’s stock valued at $1,628,000 after purchasing an additional 59,388 shares during the last quarter. Kovack Advisors Inc. purchased a new stake in KraneShares CSI China Internet ETF during the 4th quarter valued at $710,000. Alaska Permanent Fund Corp boosted its stake in KraneShares CSI China Internet ETF by 19.0% during the 4th quarter. Alaska Permanent Fund Corp now owns 7,397,867 shares of the company’s stock valued at $199,742,000 after purchasing an additional 1,182,456 shares during the last quarter. Vontobel Holding Ltd. boosted its stake in KraneShares CSI China Internet ETF by 20.0% during the 4th quarter. Vontobel Holding Ltd. now owns 56,926 shares of the company’s stock valued at $1,537,000 after purchasing an additional 9,471 shares during the last quarter. Finally, ORG Partners LLC boosted its stake in KraneShares CSI China Internet ETF by 2.1% during the 4th quarter. ORG Partners LLC now owns 35,730 shares of the company’s stock valued at $965,000 after purchasing an additional 744 shares during the last quarter.

KraneShares CSI China Internet ETF Trading Up 2.8 %

KWEB traded up $0.79 during trading on Friday, hitting $28.80. 21,409,084 shares of the company’s stock traded hands, compared to its average volume of 21,921,371. The company’s 50 day simple moving average is $26.22 and its two-hundred day simple moving average is $26.21. The stock has a market capitalization 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 12-month low of $22.68 and a 12-month high of $32.06.

KraneShares CSI China Internet ETF Company 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.