Polunin Capital Partners Ltd Has $687,000 Stock Position in KraneShares CSI China Internet ETF $KWEB
by Scott Moore · The Cerbat GemPolunin Capital Partners Ltd reduced its holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Free Report) by 53.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,226 shares of the company’s stock after selling 21,874 shares during the period. KraneShares CSI China Internet ETF comprises about 0.1% of Polunin Capital Partners Ltd’s holdings, making the stock its 21st largest holding. Polunin Capital Partners Ltd’s holdings in KraneShares CSI China Internet ETF were worth $687,000 at the end of the most recent quarter.
A number of other institutional investors have also recently bought and sold shares of KWEB. Bessemer Group Inc. grew its stake in KraneShares CSI China Internet ETF by 12.5% during the 3rd quarter. Bessemer Group Inc. now owns 7,130,716 shares of the company’s stock valued at $299,561,000 after acquiring an additional 791,095 shares in the last quarter. Temasek Holdings Private Ltd lifted its position in shares of KraneShares CSI China Internet ETF by 80.5% in the second quarter. Temasek Holdings Private Ltd now owns 3,273,592 shares of the company’s stock worth $112,382,000 after purchasing an additional 1,459,884 shares in the last quarter. Krane Funds Advisors LLC boosted its holdings in shares of KraneShares CSI China Internet ETF by 4.9% during the third quarter. Krane Funds Advisors LLC now owns 3,224,901 shares of the company’s stock worth $126,658,000 after purchasing an additional 151,300 shares during the period. Quadrature Capital Ltd boosted its holdings in shares of KraneShares CSI China Internet ETF by 350.0% during the third quarter. Quadrature Capital Ltd now owns 2,377,418 shares of the company’s stock worth $99,875,000 after purchasing an additional 1,849,107 shares during the period. Finally, Bank of Nova Scotia purchased a new position in KraneShares CSI China Internet ETF during the third quarter valued at approximately $95,497,000.
KraneShares CSI China Internet ETF Stock Performance
KraneShares CSI China Internet ETF stock opened at $28.09 on Friday. The firm has a market cap of $6.10 billion, a PE ratio of 15.95 and a beta of 0.25. The firm’s 50 day moving average price is $31.48 and its two-hundred day moving average price is $35.95. KraneShares CSI China Internet ETF has a twelve month low of $27.62 and a twelve month high of $43.37.
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.