Anthracite Investment Company Inc. Trims Stock Position in KraneShares CSI China Internet ETF (NYSE:KWEB)

Anthracite Investment Company Inc. reduced its stake in KraneShares CSI China Internet ETF (NYSE:KWEB) by 81.0% during the 4th quarter, HoldingsChannel reports. The firm owned 40,000 shares of the company’s stock after selling 170,000 shares during the period. Anthracite Investment Company Inc.’s holdings in KraneShares CSI China Internet ETF were worth $1,170,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Wilmington Savings Fund Society FSB grew its position in KraneShares CSI China Internet ETF by 466.7% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 850 shares of the company’s stock valued at $25,000 after buying an additional 700 shares during the last quarter. Oakworth Capital Inc. purchased a new stake in shares of KraneShares CSI China Internet ETF in the fourth quarter valued at about $78,000. IFP Advisors Inc increased its stake in shares of KraneShares CSI China Internet ETF by 553.4% during the fourth quarter. IFP Advisors Inc now owns 3,306 shares of the company’s stock worth $97,000 after acquiring an additional 2,800 shares during the period. FMR LLC raised its holdings in KraneShares CSI China Internet ETF by 51.1% during the third quarter. FMR LLC now owns 3,409 shares of the company’s stock worth $116,000 after purchasing an additional 1,153 shares in the last quarter. Finally, Private Trust Co. NA purchased a new position in KraneShares CSI China Internet ETF during the third quarter worth about $170,000.

KraneShares CSI China Internet ETF Price Performance

KWEB opened at $35.17 on Wednesday. KraneShares CSI China Internet ETF has a 12 month low of $24.68 and a 12 month high of $39.17. The business has a 50 day simple moving average of $33.72 and a 200-day simple moving average of $31.89.