X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Sees Large Volume Increase – Still a Buy?

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) shares saw an uptick in trading volume on Thursday . 17,935,623 shares traded hands during trading, an increase of 134% from the previous session’s volume of 7,679,577 shares.The stock last traded at $27.06 and had previously closed at $27.56.

X-trackers Harvest CSI 300 China A-Shares Fund Price Performance

The stock has a market cap of $2.41 billion, a price-to-earnings ratio of 15.14 and a beta of 0.36. The company’s fifty day simple moving average is $26.61 and its two-hundred day simple moving average is $26.72.

Institutional Trading of X-trackers Harvest CSI 300 China A-Shares Fund

A number of large investors have recently bought and sold shares of the company. BNP Paribas Financial Markets boosted its stake in 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 buying an additional 3,072,053 shares during the period. JPMorgan Chase & Co. lifted its stake in X-trackers Harvest CSI 300 China A-Shares Fund by 77.4% during the fourth quarter. JPMorgan Chase & Co. now owns 1,896,766 shares of the exchange traded fund’s stock worth $50,207,000 after purchasing an additional 827,398 shares during the last quarter. Mount Lucas Management LP bought a new stake in X-trackers Harvest CSI 300 China A-Shares Fund during the fourth quarter worth about $18,529,000. Delphi Financial Group Inc. purchased a new position in shares of X-trackers Harvest CSI 300 China A-Shares Fund in the fourth quarter worth about $3,680,000. Finally, Nisa Investment Advisors LLC purchased a new position in shares of X-trackers Harvest CSI 300 China A-Shares Fund in the fourth quarter worth about $13,235,000.

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

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.