SG Americas Securities LLC Cuts Position in KraneShares CSI China Internet ETF (NYSE:KWEB)

SG Americas Securities LLC lowered its position in KraneShares CSI China Internet ETF (NYSE:KWEB) by 90.7% in the fourth quarter, Holdings Channel reports. The fund owned 87,846 shares of the company’s stock after selling 852,246 shares during the period. SG Americas Securities LLC’s holdings in KraneShares CSI China Internet ETF were worth $2,569,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in KWEB. Clal Insurance Enterprises Holdings Ltd purchased a new stake in shares of KraneShares CSI China Internet ETF during the 3rd quarter worth $282,366,000. Coalescence Partners Investment Management LP purchased a new position in shares of KraneShares CSI China Internet ETF in the 3rd quarter valued at about $47,048,000. Mount Lucas Management LP raised its position in shares of KraneShares CSI China Internet ETF by 136.8% during the 3rd quarter. Mount Lucas Management LP now owns 1,385,000 shares of the company’s stock worth $47,118,000 after acquiring an additional 800,000 shares in the last quarter. Temasek Holdings Private Ltd lifted its stake in KraneShares CSI China Internet ETF by 25.7% during the third quarter. Temasek Holdings Private Ltd now owns 2,793,900 shares of the company’s stock worth $95,048,000 after purchasing an additional 572,100 shares during the last quarter. Finally, Itau Unibanco Holding S.A. acquired a new position in KraneShares CSI China Internet ETF in the third quarter valued at approximately $13,642,000.

KraneShares CSI China Internet ETF Stock Performance

Shares of NYSE:KWEB opened at $30.54 on Friday. The firm has a 50 day simple moving average of $30.01 and a 200-day simple moving average of $29.47. KraneShares CSI China Internet ETF has a twelve month low of $22.98 and a twelve month high of $39.17.