X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Share Price Pass Above 50-Day Moving Average – Should You Sell?

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $26.46 and traded as high as $27.78. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $27.74, with a volume of 12,981,682 shares trading hands.

X-trackers Harvest CSI 300 China A-Shares Fund Stock Down 0.6 %

The firm has a market capitalization of $2.50 billion, a P/E ratio of 15.14 and a beta of 0.36. The business has a 50-day moving average price of $26.46 and a 200-day moving average price of $26.66.

Institutional Trading of X-trackers Harvest CSI 300 China A-Shares Fund

A number of institutional investors and hedge funds have recently modified their holdings of ASHR. BNP Paribas Financial Markets boosted its stake in X-trackers Harvest CSI 300 China A-Shares Fund by 458.5% in the 4th quarter. BNP Paribas Financial Markets now owns 3,742,079 shares of the exchange traded fund’s stock valued at $99,053,000 after buying an additional 3,072,053 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in X-trackers Harvest CSI 300 China A-Shares Fund by 77.4% in the 4th quarter. JPMorgan Chase & Co. now owns 1,896,766 shares of the exchange traded fund’s stock valued at $50,207,000 after buying an additional 827,398 shares in the last quarter. Mount Lucas Management LP acquired a new stake in X-trackers Harvest CSI 300 China A-Shares Fund in the 4th quarter valued at $18,529,000. 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. Finally, Delphi Financial Group Inc. acquired a new stake in X-trackers Harvest CSI 300 China A-Shares Fund in the 4th quarter valued at $3,680,000.

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.