University of Illinois Foundation decreased its position in shares of KraneShares CSI China Internet ETF (NYSE:KWEB – Free Report) by 8.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,025,624 shares of the company’s stock after selling 90,313 shares during the period. KraneShares CSI China Internet ETF accounts for about 8.7% of University of Illinois Foundation’s investment portfolio, making the stock its 3rd largest position. University of Illinois Foundation’s holdings in KraneShares CSI China Internet ETF were worth $29,989,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the company. Rovida Investment Management Ltd bought a new position in shares of KraneShares CSI China Internet ETF during the fourth quarter worth $2,922,000. Kazazian Asset Management LLC purchased a new stake in shares of KraneShares CSI China Internet ETF during the 4th quarter worth approximately $489,000. RPg Family Wealth Advisory LLC boosted its position in shares of KraneShares CSI China Internet ETF by 14.7% during the 4th quarter. RPg Family Wealth Advisory LLC now owns 145,475 shares of the company’s stock valued at $4,254,000 after acquiring an additional 18,674 shares during the last quarter. Appaloosa LP increased its position in KraneShares CSI China Internet ETF by 21.5% in the fourth quarter. Appaloosa LP now owns 4,575,695 shares of the company’s stock worth $133,793,000 after purchasing an additional 810,695 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its stake in KraneShares CSI China Internet ETF by 15.0% during the fourth quarter. Farther Finance Advisors LLC now owns 7,525 shares of the company’s stock valued at $220,000 after purchasing an additional 984 shares in the last quarter.
KraneShares CSI China Internet ETF Trading Down 1.6 %
KWEB stock opened at $35.17 on Wednesday. KraneShares CSI China Internet ETF has a 52 week low of $24.68 and a 52 week high of $39.17. The company has a fifty day simple moving average of $33.72 and a two-hundred day simple moving average of $31.89.
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