Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Hits New 1-Year High – Still a Buy?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHRGet Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $33.99 and last traded at $34.09, with a volume of 8371 shares traded. The stock had previously closed at $33.66.

Xtrackers Harvest CSI 300 China A-Shares ETF Price Performance

The company’s 50-day simple moving average is $32.86 and its 200 day simple moving average is $31.26. The firm has a market cap of $1.86 billion, a P/E ratio of 13.62 and a beta of 0.27.

Institutional Investors Weigh In On Xtrackers Harvest CSI 300 China A-Shares ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Strs Ohio bought a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 1st quarter valued at approximately $8,997,000. Hutchinson Financial Advisors INC bought a new position in Xtrackers Harvest CSI 300 China A-Shares ETF during the second quarter valued at $631,000. JPMorgan Chase & Co. raised its stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 26.6% in the second quarter. JPMorgan Chase & Co. now owns 1,185,968 shares of the exchange traded fund’s stock valued at $32,662,000 after acquiring an additional 249,190 shares during the period. Sun Life Financial Inc. purchased a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the second quarter valued at $5,461,000. Finally, Trium Capital LLP purchased a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 3rd quarter worth about $31,955,000.

Xtrackers Harvest CSI 300 China A-Shares ETF Company Profile

(Get Free Report)

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.

Further Reading

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