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

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR)’s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $34.73 and traded as high as $35.31. Xtrackers Harvest CSI 300 China A-Shares ETF shares last traded at $34.88, with a volume of 4,739,595 shares trading hands.

Xtrackers Harvest CSI 300 China A-Shares ETF Trading Down 3.1%

The firm has a market cap of $1.75 billion, a price-to-earnings ratio of 13.62 and a beta of 0.32. The stock has a 50-day moving average of $34.73 and a two-hundred day moving average of $33.78.

Hedge Funds Weigh In On Xtrackers Harvest CSI 300 China A-Shares ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Acima Private Wealth LLC boosted its position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 0.9% in the 3rd quarter. Acima Private Wealth LLC now owns 61,580 shares of the exchange traded fund’s stock valued at $2,031,000 after purchasing an additional 560 shares during the period. Mondrian Investment Partners LTD boosted its position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 29.6% in the 4th quarter. Mondrian Investment Partners LTD now owns 12,383 shares of the exchange traded fund’s stock valued at $407,000 after purchasing an additional 2,825 shares during the period. ANTIPODES PARTNERS Ltd acquired a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the 3rd quarter valued at $400,000. Barometer Capital Management Inc. acquired a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the 1st quarter valued at $454,000. Finally, Quantitative Investment Management LLC acquired a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the 4th quarter valued at $612,000.

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.