X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Shares Cross Above 50 Day Moving Average – What’s Next?

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) shares passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $27.14 and traded as high as $27.47. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $27.39, with a volume of 3,743,574 shares trading hands.

X-trackers Harvest CSI 300 China A-Shares Fund Stock Down 0.2 %

The firm has a market cap of $1.92 billion, a P/E ratio of 12.00 and a beta of 0.47. The company’s 50 day simple moving average is $27.14 and its 200-day simple moving average is $25.10.

Hedge Funds Weigh In On X-trackers Harvest CSI 300 China A-Shares Fund

Institutional investors have recently bought and sold shares of the business. Hollencrest Capital Management lifted its stake in X-trackers Harvest CSI 300 China A-Shares Fund by 1,687.5% during the 3rd quarter. Hollencrest Capital Management now owns 42,900 shares of the exchange traded fund’s stock valued at $1,227,000 after acquiring an additional 40,500 shares during the period. Summit Trail Advisors LLC raised its holdings in shares of X-trackers Harvest CSI 300 China A-Shares Fund by 135.2% during the second quarter. Summit Trail Advisors LLC now owns 30,284 shares of the exchange traded fund’s stock valued at $714,000 after acquiring an additional 17,410 shares during the last quarter. Finally, Acima Private Wealth LLC grew its holdings in shares of X-trackers Harvest CSI 300 China A-Shares Fund by 43.2% during the second quarter. Acima Private Wealth LLC now owns 81,963 shares of the exchange traded fund’s stock worth $1,932,000 after buying an additional 24,731 shares in the last quarter.

About X-trackers Harvest CSI 300 China A-Shares Fund

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.