X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Stock Price Pass Above 50-Day Moving Average – Time to Sell?

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR)’s share price passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $26.46 and traded as high as $27.78. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $27.74, with a volume of 12,981,682 shares changing hands.

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

The stock has a market cap of $2.49 billion, a price-to-earnings ratio of 15.14 and a beta of 0.36. The business has a fifty day simple moving average of $26.50 and a 200 day simple moving average of $26.69.

Institutional Investors Weigh In On X-trackers Harvest CSI 300 China A-Shares Fund

Hedge funds have recently made changes to their positions in the business. BNP Paribas Financial Markets grew its holdings in X-trackers Harvest CSI 300 China A-Shares Fund by 458.5% in the fourth 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. increased its holdings in shares of X-trackers Harvest CSI 300 China A-Shares Fund by 77.4% during the 4th quarter. JPMorgan Chase & Co. now owns 1,896,766 shares of the exchange traded fund’s stock worth $50,207,000 after buying an additional 827,398 shares during the last quarter. Mount Lucas Management LP purchased a new position in shares of X-trackers Harvest CSI 300 China A-Shares Fund in the 4th quarter worth $18,529,000. Delphi Financial Group Inc. acquired a new position in X-trackers Harvest CSI 300 China A-Shares Fund in the fourth quarter valued at $3,680,000. Finally, Nisa Investment Advisors LLC purchased a new stake in X-trackers Harvest CSI 300 China A-Shares Fund during the fourth quarter valued at 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.