Mount Lucas Management LP Acquires 800,000 Shares of KraneShares CSI China Internet ETF (NYSE:KWEB)

Mount Lucas Management LP lifted its stake in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) by 136.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,385,000 shares of the company’s stock after purchasing an additional 800,000 shares during the quarter. KraneShares CSI China Internet ETF comprises about 16.0% of Mount Lucas Management LP’s investment portfolio, making the stock its largest holding. Mount Lucas Management LP owned 0.63% of KraneShares CSI China Internet ETF worth $47,118,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of KWEB. Central Asset Investments & Management Holdings HK Ltd acquired a new position in KraneShares CSI China Internet ETF during the 3rd quarter valued at about $6,974,000. First Heartland Consultants Inc. bought a new position in shares of KraneShares CSI China Internet ETF in the third quarter valued at approximately $204,000. Apollon Wealth Management LLC acquired a new position in shares of KraneShares CSI China Internet ETF during the third quarter valued at approximately $204,000. Coalescence Partners Investment Management LP bought a new stake in KraneShares CSI China Internet ETF during the third quarter worth approximately $47,048,000. Finally, Atria Investments Inc lifted its position in KraneShares CSI China Internet ETF by 9.4% in the third quarter. Atria Investments Inc now owns 10,823 shares of the company’s stock worth $368,000 after purchasing an additional 926 shares during the period.

KraneShares CSI China Internet ETF Price Performance

Shares of NYSE KWEB opened at $30.26 on Friday. KraneShares CSI China Internet ETF has a 1 year low of $22.68 and a 1 year high of $39.17. The firm’s fifty day moving average price is $31.55.