M&R Capital Management Inc. Sells 10,720 Shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

M&R Capital Management Inc. lowered its holdings in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 18.9% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 45,986 shares of the company’s stock after selling 10,720 shares during the quarter. M&R Capital Management Inc. owned approximately 0.11% of KraneShares CSI China Internet ETF worth $3,135,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in KraneShares CSI China Internet ETF by 459.5% in the first quarter. JPMorgan Chase & Co. now owns 127,373 shares of the company’s stock worth $5,767,000 after buying an additional 104,607 shares during the last quarter. Advisor Group Holdings Inc. acquired a new position in KraneShares CSI China Internet ETF in the first quarter valued at approximately $1,652,000. Morgan Stanley lifted its holdings in KraneShares CSI China Internet ETF by 22.4% in the first quarter. Morgan Stanley now owns 4,295,371 shares of the company’s stock valued at $194,452,000 after acquiring an additional 784,779 shares during the period. Strs Ohio lifted its holdings in KraneShares CSI China Internet ETF by 22.1% in the second quarter. Strs Ohio now owns 165,600 shares of the company’s stock valued at $10,257,000 after acquiring an additional 30,000 shares during the period. Finally, Phoenix Holdings Ltd. acquired a new position in KraneShares CSI China Internet ETF in the second quarter valued at approximately $3,686,000.

NYSEARCA:KWEB traded up $0.79 during trading hours on Thursday, reaching $68.97. The company had a trading volume of 1,748,312 shares, compared to its average volume of 2,384,912. KraneShares CSI China Internet ETF has a 1-year low of $38.63 and a 1-year high of $73.65. The business’s 50 day moving average price is $68.46 and its 200-day moving average price is $58.33.

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Institutional Ownership by Quarter for KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

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