X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Shares Gap Down – Time to Sell?

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR)’s stock price gapped down before the market opened on Thursday . The stock had previously closed at $26.47, but opened at $25.80. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $25.76, with a volume of 1,321,942 shares trading hands.

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

The firm’s 50 day moving average is $27.40 and its 200-day moving average is $25.62. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 12.00 and a beta of 0.47.

Hedge Funds Weigh In On X-trackers Harvest CSI 300 China A-Shares Fund

An institutional investor recently raised its position in X-trackers Harvest CSI 300 China A-Shares Fund stock. Hollencrest Capital Management grew its holdings in X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) by 1,687.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 42,900 shares of the exchange traded fund’s stock after purchasing an additional 40,500 shares during the quarter. Hollencrest Capital Management owned 0.06% of X-trackers Harvest CSI 300 China A-Shares Fund worth $1,227,000 at the end of the most recent reporting period.

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.