Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Stock Price Cross Above Fifty Day Moving Average – What’s Next?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $33.09 and traded as high as $33.69. Xtrackers Harvest CSI 300 China A-Shares ETF shares last traded at $33.66, with a volume of 5,356,854 shares traded.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Performance

The business has a fifty day simple moving average of $33.09 and a 200 day simple moving average of $31.97. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 13.62 and a beta of 0.27.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ASHR. Acima Private Wealth LLC raised its stake in Xtrackers Harvest CSI 300 China A-Shares ETF by 0.9% during the third quarter. Acima Private Wealth LLC now owns 61,580 shares of the exchange traded fund’s stock worth $2,031,000 after purchasing an additional 560 shares during the period. Mondrian Investment Partners LTD purchased a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF during the third quarter worth approximately $315,000. ANTIPODES PARTNERS Ltd acquired a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the third quarter worth $400,000. Hutchinson Financial Advisors INC purchased a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the 2nd quarter valued at $631,000. Finally, Farther Finance Advisors LLC raised its stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 4,802.9% in the 4th quarter. Farther Finance Advisors LLC now owns 28,486 shares of the exchange traded fund’s stock valued at $936,000 after acquiring an additional 27,905 shares during the period.

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.