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

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR)’s share price passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $27.14 and traded as high as $27.47. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $27.39, with a volume of 3,743,574 shares trading hands.

X-trackers Harvest CSI 300 China A-Shares Fund Stock Down 0.2 %

The business’s 50-day simple moving average is $27.14 and its two-hundred day simple moving average is $25.10. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of 12.00 and a beta of 0.47.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in ASHR. Hollencrest Capital Management grew 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 worth $1,227,000 after buying an additional 40,500 shares during the last quarter. Summit Trail Advisors LLC lifted its position in X-trackers Harvest CSI 300 China A-Shares Fund by 135.2% in the second quarter. Summit Trail Advisors LLC now owns 30,284 shares of the exchange traded fund’s stock valued at $714,000 after purchasing an additional 17,410 shares during the period. Finally, Acima Private Wealth LLC grew its holdings in X-trackers Harvest CSI 300 China A-Shares Fund by 43.2% during the second quarter. Acima Private Wealth LLC now owns 81,963 shares of the exchange traded fund’s stock worth $1,932,000 after acquiring an additional 24,731 shares during the period.

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