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

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR)’s share price passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $33.52 and traded as high as $34.18. Xtrackers Harvest CSI 300 China A-Shares ETF shares last traded at $34.14, with a volume of 5,948,668 shares traded.

Xtrackers Harvest CSI 300 China A-Shares ETF Price Performance

The stock has a market cap of $1.83 billion, a PE ratio of 13.62 and a beta of 0.27. The business has a 50 day moving average price of $33.52 and a two-hundred day moving average price of $32.67.

Hedge Funds Weigh In On Xtrackers Harvest CSI 300 China A-Shares ETF

Hedge funds have recently modified their holdings of the company. Hutchinson Financial Advisors INC bought a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the second quarter valued at about $631,000. JPMorgan Chase & Co. increased its holdings in Xtrackers Harvest CSI 300 China A-Shares ETF by 26.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,185,968 shares of the exchange traded fund’s stock valued at $32,662,000 after purchasing an additional 249,190 shares during the period. Sun Life Financial Inc. purchased a new position in Xtrackers Harvest CSI 300 China A-Shares ETF during the 2nd quarter valued at about $5,461,000. Trium Capital LLP bought a new position in Xtrackers Harvest CSI 300 China A-Shares ETF during the 3rd quarter valued at approximately $31,955,000. Finally, Financial & Tax Architects LLC purchased a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF in the 3rd quarter worth approximately $1,098,000.

Xtrackers Harvest CSI 300 China A-Shares ETF 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. ASHR was launched on Nov 6, 2013 and is managed by Xtrackers.