X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Sees Unusually-High Trading Volume – Here’s Why

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) shares saw unusually-high trading volume on Friday . Approximately 15,203,186 shares changed hands during trading, an increase of 66% from the previous session’s volume of 9,156,811 shares.The stock last traded at $26.03 and had previously closed at $25.60.

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

The firm has a market cap of $1.82 billion, a P/E ratio of 12.00 and a beta of 0.47. The company’s 50 day moving average is $26.81 and its two-hundred day moving average is $25.76.

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

A number of institutional investors have recently bought and sold shares of ASHR. FNY Investment Advisers LLC acquired a new stake in X-trackers Harvest CSI 300 China A-Shares Fund during the fourth quarter valued at approximately $55,000. Summit Trail Advisors LLC lifted its position in shares of X-trackers Harvest CSI 300 China A-Shares Fund by 135.2% during the 2nd quarter. Summit Trail Advisors LLC now owns 30,284 shares of the exchange traded fund’s stock worth $714,000 after buying an additional 17,410 shares during the period. Hollencrest Capital Management boosted its stake in X-trackers Harvest CSI 300 China A-Shares Fund by 1,687.5% in the 3rd quarter. Hollencrest Capital Management now owns 42,900 shares of the exchange traded fund’s stock valued at $1,227,000 after buying an additional 40,500 shares in the last quarter. Finally, Nisa Investment Advisors LLC acquired a new stake in X-trackers Harvest CSI 300 China A-Shares Fund in the 4th quarter valued at $13,235,000.

About X-trackers Harvest CSI 300 China A-Shares Fund

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.