Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Sets New 12-Month High – Time to Buy?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) reached a new 52-week high during trading on Wednesday . The company traded as high as $34.43 and last traded at $34.3680, with a volume of 1415899 shares trading hands. The stock had previously closed at $34.14.

Xtrackers Harvest CSI 300 China A-Shares ETF Trading Up 1.1%

The company has a 50-day moving average price of $33.52 and a two-hundred day moving average price of $32.67. The stock has a market capitalization of $1.85 billion, a P/E ratio of 13.62 and a beta of 0.27.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 83.5% during the third quarter. JPMorgan Chase & Co. now owns 2,176,411 shares of the exchange traded fund’s stock valued at $71,778,000 after buying an additional 990,443 shares during the last quarter. Trium Capital LLP bought a new position in Xtrackers Harvest CSI 300 China A-Shares ETF in the 3rd quarter valued at approximately $31,955,000. Delphi Financial Group Inc. boosted its stake in Xtrackers Harvest CSI 300 China A-Shares ETF by 33.2% during the 4th quarter. Delphi Financial Group Inc. now owns 590,280 shares of the exchange traded fund’s stock valued at $19,391,000 after purchasing an additional 147,220 shares during the last quarter. Sun Life Financial Inc. increased its holdings in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 66.9% in the 4th quarter. Sun Life Financial Inc. now owns 330,900 shares of the exchange traded fund’s stock worth $10,870,000 after purchasing an additional 132,600 shares in the last quarter. Finally, DRW Securities LLC purchased a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the fourth quarter worth $9,667,000.

About Xtrackers Harvest CSI 300 China A-Shares ETF

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. ASHR was launched on Nov 6, 2013 and is managed by Xtrackers.