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

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $33.52 and traded as high as $34.18. Xtrackers Harvest CSI 300 China A-Shares ETF shares last traded at $34.14, with a volume of 5,948,668 shares changing hands.

Xtrackers Harvest CSI 300 China A-Shares ETF Price Performance

The company has a 50 day simple moving average of $33.52 and a 200-day simple moving average of $32.67. The firm has a market cap of $1.83 billion, a PE ratio of 13.62 and a beta of 0.27.

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

Several institutional investors and hedge funds have recently made changes to their positions in the business. Freemont Capital Pte Ltd bought a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF in the third quarter worth $1,814,000. Financial & Tax Architects LLC purchased a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the third quarter worth about $1,098,000. JPMorgan Chase & Co. lifted its stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 26.6% in the 2nd quarter. JPMorgan Chase & Co. now owns 1,185,968 shares of the exchange traded fund’s stock valued at $32,662,000 after acquiring an additional 249,190 shares during the last quarter. Trium Capital LLP bought a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the 3rd quarter valued at about $31,955,000. Finally, Hutchinson Financial Advisors INC purchased a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF during the 2nd quarter valued at about $631,000.

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.