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

X-trackers Harvest CSI 300 China A-Shares Fund (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 $26.34 and traded as high as $26.92. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $26.83, with a volume of 5,569,038 shares traded.

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

The firm has a market capitalization of $1.88 billion, a PE ratio of 12.00 and a beta of 0.47. The firm has a fifty day moving average price of $26.34 and a 200 day moving average price of $26.19.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets raised its stake in X-trackers Harvest CSI 300 China A-Shares Fund by 458.5% during the 4th 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 shares of 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 valued at $50,207,000 after buying an additional 827,398 shares in the last quarter. Mount Lucas Management LP acquired a new position in X-trackers Harvest CSI 300 China A-Shares Fund during the fourth quarter valued at $18,529,000. Delphi Financial Group Inc. purchased a new stake in X-trackers Harvest CSI 300 China A-Shares Fund in the 4th quarter worth about $3,680,000. Finally, Nisa Investment Advisors LLC acquired a new stake in X-trackers Harvest CSI 300 China A-Shares Fund during the 4th quarter worth 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.