X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Stock Price Pass Above 50-Day Moving Average – Here’s What Happened

Shares of X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $26.34 and traded as high as $26.92. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $26.83, with a volume of 5,569,038 shares traded.

X-trackers Harvest CSI 300 China A-Shares Fund Price Performance

The business has a fifty day moving average price of $26.34 and a 200 day moving average price of $26.19. The company has a market capitalization of $1.88 billion, a price-to-earnings ratio of 12.00 and a beta of 0.47.

Hedge Funds Weigh In On X-trackers Harvest CSI 300 China A-Shares Fund

Several large investors have recently bought and sold shares of ASHR. Hollencrest Capital Management boosted its stake in X-trackers Harvest CSI 300 China A-Shares Fund by 1,687.5% during the 3rd quarter. Hollencrest Capital Management now owns 42,900 shares of the exchange traded fund’s stock valued at $1,227,000 after purchasing an additional 40,500 shares in the last quarter. FNY Investment Advisers LLC bought a new position in X-trackers Harvest CSI 300 China A-Shares Fund during the fourth quarter valued at about $55,000. Nisa Investment Advisors LLC acquired a new position in X-trackers Harvest CSI 300 China A-Shares Fund during the fourth quarter worth about $13,235,000. Delphi Financial Group Inc. bought a new stake in X-trackers Harvest CSI 300 China A-Shares Fund in the fourth quarter worth about $3,680,000. Finally, Mount Lucas Management LP bought a new stake in X-trackers Harvest CSI 300 China A-Shares Fund in the fourth quarter worth about $18,529,000.

About X-trackers Harvest CSI 300 China A-Shares Fund

The Xtrackers Harvest CSI 300 China A-Shares ETF (ASHR) is an exchange-traded fund that is based on the China Shenzhen SE \u002F CSI 300 index. The fund tracks an index of the 300 largest and most liquid Chinese shares traded on the Shanghai and Shenzhen exchanges. The fund holds physical China A-shares.