Brown Advisory Inc. reduced its position in shares of KraneShares CSI China Internet ETF (NYSEARCA:KWEB – Get Rating) by 18.8% in the first quarter, according to its most recent filing with the SEC. The fund owned 9,517 shares of the company's stock after selling 2,206 shares during the quarter. Brown Advisory Inc.'s holdings in KraneShares CSI China Internet ETF were worth $330,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of KWEB. Larson Financial Group LLC purchased a new position in shares of KraneShares CSI China Internet ETF in the 1st quarter worth $47,000. Prospera Financial Services Inc bought a new stake in KraneShares CSI China Internet ETF during the first quarter worth approximately $69,000. Institutional & Family Asset Management LLC increased its stake in KraneShares CSI China Internet ETF by 102.0% during the fourth quarter. Institutional & Family Asset Management LLC now owns 2,335 shares of the company's stock worth $85,000 after acquiring an additional 1,179 shares during the last quarter. Ahrens Investment Partners LLC purchased a new stake in KraneShares CSI China Internet ETF during the first quarter valued at approximately $102,000. Finally, Capital Investment Advisory Services LLC bought a new stake in shares of KraneShares CSI China Internet ETF in the 1st quarter valued at approximately $117,000.

KraneShares CSI China Internet ETF Price Performance

NYSEARCA KWEB opened at $28.61 on Friday. The business's 50 day moving average price is $30.74 and its 200-day moving average price is $30.27. KraneShares CSI China Internet ETF has a fifty-two week low of $20.41 and a fifty-two week high of $55.30.

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