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

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR)’s share price crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $34.35 and traded as high as $36.06. Xtrackers Harvest CSI 300 China A-Shares ETF shares last traded at $35.96, with a volume of 4,641,123 shares changing hands.

Xtrackers Harvest CSI 300 China A-Shares ETF Trading Up 0.1%

The business has a fifty day moving average of $34.35 and a 200 day moving average of $33.67. The company has a market capitalization of $1.81 billion, a PE ratio of 13.62 and a beta of 0.32.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of ASHR. Acima Private Wealth LLC increased its holdings in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 0.9% in the third quarter. Acima Private Wealth LLC now owns 61,580 shares of the exchange traded fund’s stock valued at $2,031,000 after purchasing an additional 560 shares during the period. Mondrian Investment Partners LTD increased its holdings in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 29.6% in the fourth quarter. Mondrian Investment Partners LTD now owns 12,383 shares of the exchange traded fund’s stock valued at $407,000 after purchasing an additional 2,825 shares during the period. ANTIPODES PARTNERS Ltd acquired a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the third quarter valued at approximately $400,000. Barometer Capital Management Inc. acquired a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the first quarter valued at approximately $454,000. Finally, Quantitative Investment Management LLC acquired a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the fourth quarter valued at approximately $612,000.

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.