ORG Wealth Partners LLC Cuts Stock Position in KraneShares CSI China Internet ETF (NYSE:KWEB)

ORG Wealth Partners LLC lowered its stake in KraneShares CSI China Internet ETF (NYSE:KWEB) by 47.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,722 shares of the company’s stock after selling 10,717 shares during the period. ORG Wealth Partners LLC’s holdings in KraneShares CSI China Internet ETF were worth $343,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. EverSource Wealth Advisors LLC lifted its stake in KraneShares CSI China Internet ETF by 15.5% in the second quarter. EverSource Wealth Advisors LLC now owns 5,311 shares of the company’s stock worth $141,000 after purchasing an additional 711 shares during the last quarter. Mather Group LLC. lifted its stake in shares of KraneShares CSI China Internet ETF by 63.8% during the 3rd quarter. Mather Group LLC. now owns 2,000 shares of the company’s stock worth $68,000 after acquiring an additional 779 shares during the last quarter. Atria Investments Inc boosted its holdings in KraneShares CSI China Internet ETF by 9.4% during the 3rd quarter. Atria Investments Inc now owns 10,823 shares of the company’s stock valued at $368,000 after acquiring an additional 926 shares during the period. M&R Capital Management Inc. purchased a new position in KraneShares CSI China Internet ETF during the 3rd quarter valued at $34,000. Finally, FMR LLC grew its position in KraneShares CSI China Internet ETF by 51.1% in the 3rd quarter. FMR LLC now owns 3,409 shares of the company’s stock valued at $116,000 after acquiring an additional 1,153 shares during the last quarter.

KraneShares CSI China Internet ETF Stock Down 3.0 %

Shares of NYSE:KWEB traded down $0.85 on Friday, hitting $27.35. 6,931,634 shares of the company’s stock were exchanged, compared to its average volume of 12,497,240. KraneShares CSI China Internet ETF has a 12 month low of $22.68 and a 12 month high of $39.17. The business’s 50 day simple moving average is $30.66 and its two-hundred day simple moving average is $29.37.