X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Stock Pass Below 200 Day Moving Average – Time to Sell?

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR)’s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $25.67 and traded as low as $25.39. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $25.51, with a volume of 6,833,874 shares changing hands.

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

The company has a market capitalization of $1.75 billion, a P/E ratio of 12.00 and a beta of 0.47. The firm’s fifty day moving average is $27.09 and its 200-day moving average is $25.67.

Hedge Funds Weigh In On 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. Hollencrest Capital Management increased its position in X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) by 1,687.5% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 42,900 shares of the exchange traded fund’s stock after buying 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 as of its most recent filing with the Securities and Exchange Commission (SEC).

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.