Westside Investment Management Inc. Takes Position in KraneShares CSI China Internet ETF (NYSEARCA:KWEB)

Westside Investment Management Inc. acquired a new stake in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 4,950 shares of the company’s stock, valued at approximately $217,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. grew its position in KraneShares CSI China Internet ETF by 509.0% in the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 19,000 shares of the company’s stock valued at $835,000 after acquiring an additional 15,880 shares during the period. Commonwealth Equity Services LLC grew its position in KraneShares CSI China Internet ETF by 12.2% in the second quarter. Commonwealth Equity Services LLC now owns 168,825 shares of the company’s stock valued at $7,419,000 after acquiring an additional 18,423 shares during the period. Meridian Wealth Management LLC grew its position in KraneShares CSI China Internet ETF by 15.9% in the second quarter. Meridian Wealth Management LLC now owns 15,325 shares of the company’s stock valued at $674,000 after acquiring an additional 2,100 shares during the period. Edge Wealth Management LLC grew its position in KraneShares CSI China Internet ETF by 20.3% in the second quarter. Edge Wealth Management LLC now owns 38,193 shares of the company’s stock valued at $1,675,000 after acquiring an additional 6,439 shares during the period. Finally, Vishria Bird Financial Group LLC grew its position in KraneShares CSI China Internet ETF by 4.3% in the second quarter. Vishria Bird Financial Group LLC now owns 12,748 shares of the company’s stock valued at $560,000 after acquiring an additional 525 shares during the period.

NYSEARCA:KWEB traded down $2.18 during trading hours on Monday, reaching $38.32. The company had a trading volume of 165,032 shares, compared to its average volume of 2,299,078. The business has a 50-day simple moving average of $43.23. KraneShares CSI China Internet ETF has a one year low of $36.03 and a one year high of $54.95.

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

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