X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Sees Unusually-High Trading Volume – Should You Buy?

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) shares saw unusually-high trading volume on Friday . Approximately 6,716,202 shares traded hands during mid-day trading, a decline of 5% from the previous session’s volume of 7,091,225 shares.The stock last traded at $25.05 and had previously closed at $25.51.

X-trackers Harvest CSI 300 China A-Shares Fund Trading Down 2.1 %

The stock has a market capitalization of $1.75 billion, a P/E ratio of 12.00 and a beta of 0.47. The business has a 50-day moving average price of $27.09 and a two-hundred day moving average price of $25.69.

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

A hedge fund recently raised its stake in X-trackers Harvest CSI 300 China A-Shares Fund stock. Summit Trail Advisors LLC raised its holdings in X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) by 135.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 30,284 shares of the exchange traded fund’s stock after purchasing an additional 17,410 shares during the quarter. Summit Trail Advisors LLC’s holdings in X-trackers Harvest CSI 300 China A-Shares Fund were worth $714,000 as of its most recent SEC filing.

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.