X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Stock Price Pass Above 50-Day Moving Average – What’s Next?

Shares of X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $26.46 and traded as high as $27.78. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $27.74, with a volume of 12,981,682 shares changing hands.

X-trackers Harvest CSI 300 China A-Shares Fund Stock Down 0.1 %

The firm’s 50 day simple moving average is $26.50 and its 200-day simple moving average is $26.69. The company has a market capitalization of $2.49 billion, a PE ratio of 15.14 and a beta of 0.36.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ASHR. BNP Paribas Financial Markets raised its stake in shares of X-trackers Harvest CSI 300 China A-Shares Fund by 458.5% during the fourth quarter. BNP Paribas Financial Markets now owns 3,742,079 shares of the exchange traded fund’s stock valued at $99,053,000 after purchasing an additional 3,072,053 shares during the period. JPMorgan Chase & Co. grew its holdings in X-trackers Harvest CSI 300 China A-Shares Fund by 77.4% during the 4th quarter. JPMorgan Chase & Co. now owns 1,896,766 shares of the exchange traded fund’s stock valued at $50,207,000 after purchasing an additional 827,398 shares in the last quarter. Mount Lucas Management LP purchased a new stake in X-trackers Harvest CSI 300 China A-Shares Fund during the 4th quarter worth $18,529,000. Delphi Financial Group Inc. acquired a new position in X-trackers Harvest CSI 300 China A-Shares Fund in the 4th quarter worth $3,680,000. Finally, Nisa Investment Advisors LLC purchased a new position in X-trackers Harvest CSI 300 China A-Shares Fund in the 4th quarter valued at about $13,235,000.

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.