Independent Advisor Alliance Takes Position in KraneShares CSI China Internet ETF (NYSE:KWEB)

Independent Advisor Alliance purchased a new stake in shares of KraneShares CSI China Internet ETF (NYSE:KWEB) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 10,043 shares of the company’s stock, valued at approximately $294,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in KWEB. Atria Investments Inc boosted its holdings in shares of KraneShares CSI China Internet ETF by 9.4% in the third quarter. Atria Investments Inc now owns 10,823 shares of the company’s stock worth $368,000 after buying an additional 926 shares during the last quarter. Apollon Wealth Management LLC bought a new stake in shares of KraneShares CSI China Internet ETF during the third quarter valued at approximately $204,000. Legacy Bridge LLC bought a new stake in shares of KraneShares CSI China Internet ETF during the third quarter valued at approximately $819,000. Anthracite Investment Company Inc. bought a new stake in KraneShares CSI China Internet ETF in the third quarter worth $7,144,000. Finally, L & S Advisors Inc bought a new stake in KraneShares CSI China Internet ETF in the third quarter worth $3,455,000.

KraneShares CSI China Internet ETF Stock Performance

Shares of KWEB opened at $37.83 on Wednesday. The company’s fifty day moving average is $32.90 and its 200 day moving average is $31.52. KraneShares CSI China Internet ETF has a fifty-two week low of $24.68 and a fifty-two week high of $39.17.