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M&R Capital Management Inc. Trims Stock Holdings in KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

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M&R Capital Management Inc. decreased its stake in KraneShares CSI China Internet ETF (NYSEARCA:KWEB) by 1.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,956 shares of the company’s stock after selling 750 shares during the quarter. M&R Capital Management Inc. owned approximately 0.10% of KraneShares CSI China Internet ETF worth $3,508,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently modified their holdings of the business. Baron Silver Stevens Financial Advisors LLC purchased a new stake in KraneShares CSI China Internet ETF in the fourth quarter worth about $27,000. RMR Wealth Builders bought a new position in shares of KraneShares CSI China Internet ETF in the fourth quarter worth about $62,000. Field & Main Bank bought a new position in shares of KraneShares CSI China Internet ETF in the fourth quarter worth about $123,000. Hsbc Holdings PLC boosted its stake in shares of KraneShares CSI China Internet ETF by 2.9% in the fourth quarter. Hsbc Holdings PLC now owns 37,887 shares of the company’s stock worth $2,926,000 after acquiring an additional 1,060 shares during the period. Finally, UBP Investment Advisors SA bought a new position in shares of KraneShares CSI China Internet ETF in the fourth quarter worth about $207,000. Get KraneShares CSI China Internet ETF alerts:
Shares of NYSEARCA KWEB traded down $2.51 during mid-day trading on Wednesday, reaching $77.24. The company’s stock had a trading volume of 39,825 shares, compared to its average volume of 2,460,701. The stock has a fifty day moving average of $86.31 and a two-hundred day moving average of $79.91. KraneShares CSI China Internet ETF has a 52 week low of $45.17 and a 52 week high of $104.94.
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Want to see what other hedge funds are holding KWEB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for KraneShares CSI China Internet ETF (NYSEARCA:KWEB). Receive News & Ratings for KraneShares CSI China Internet ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for KraneShares CSI China Internet ETF and related companies with MarketBeat.com's FREE daily email newsletter . «

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