Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Stock Pass Above 50 Day Moving Average – Here’s What Happened

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR)’s stock price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $34.73 and traded as high as $35.31. Xtrackers Harvest CSI 300 China A-Shares ETF shares last traded at $34.88, with a volume of 4,739,595 shares traded.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Down 3.1%

The company has a market cap of $1.75 billion, a P/E ratio of 13.62 and a beta of 0.32. The company has a 50 day moving average price of $34.73 and a 200-day moving average price of $33.78.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Barometer Capital Management Inc. bought a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the first quarter worth $454,000. Quantitative Investment Management LLC bought a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the fourth quarter worth $612,000. DRW Securities LLC bought a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the fourth quarter worth $9,667,000. Sun Life Financial Inc. boosted its stake in Xtrackers Harvest CSI 300 China A-Shares ETF by 66.9% during the fourth quarter. Sun Life Financial Inc. now owns 330,900 shares of the exchange traded fund’s stock valued at $10,870,000 after buying an additional 132,600 shares in the last quarter. Finally, Delphi Financial Group Inc. boosted its stake in Xtrackers Harvest CSI 300 China A-Shares ETF by 33.2% during the fourth quarter. Delphi Financial Group Inc. now owns 590,280 shares of the exchange traded fund’s stock valued at $19,391,000 after buying an additional 147,220 shares in the last quarter.

About Xtrackers Harvest CSI 300 China A-Shares ETF

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. ASHR was launched on Nov 6, 2013 and is managed by Xtrackers.