Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Sets New 1-Year Low – Here’s Why

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR)’s share price hit a new 52-week low on Wednesday. The company traded as low as $31.00 and last traded at $31.00, with a volume of 65,978 shares traded. The stock had previously closed at $31.23.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Performance

The firm has a market capitalization of $1.30 billion, a PE ratio of 13.62 and a beta of 0.35. The firm’s 50 day moving average price is $33.25 and its 200-day moving average price is $34.47.

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

An institutional investor recently bought a new position in Xtrackers Harvest CSI 300 China A-Shares ETF stock. Barometer Capital Management Inc. acquired a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 13,900 shares of the exchange traded fund’s stock, valued at approximately $454,000.

Xtrackers Harvest CSI 300 China A-Shares ETF Company Profile

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.