Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Shares Cross Above Fifty Day Moving Average – Here’s Why

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) shares passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $33.09 and traded as high as $33.69. Xtrackers Harvest CSI 300 China A-Shares ETF shares last traded at $33.66, with a volume of 5,356,854 shares.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Down 0.3%

The stock has a market capitalization of $1.84 billion, a P/E ratio of 13.62 and a beta of 0.27. The company has a 50 day moving average of $33.09 and a 200-day moving average of $31.97.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Farther Finance Advisors LLC grew its position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 4,802.9% during the 4th quarter. Farther Finance Advisors LLC now owns 28,486 shares of the exchange traded fund’s stock valued at $936,000 after buying an additional 27,905 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Xtrackers Harvest CSI 300 China A-Shares ETF by 83.5% in the third quarter. JPMorgan Chase & Co. now owns 2,176,411 shares of the exchange traded fund’s stock worth $71,778,000 after acquiring an additional 990,443 shares during the last quarter. Delphi Financial Group Inc. boosted its stake in Xtrackers Harvest CSI 300 China A-Shares ETF by 53.8% in the third quarter. Delphi Financial Group Inc. now owns 443,060 shares of the exchange traded fund’s stock valued at $14,599,000 after acquiring an additional 155,030 shares during the period. Acima Private Wealth LLC grew its holdings in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 0.9% during the third quarter. Acima Private Wealth LLC now owns 61,580 shares of the exchange traded fund’s stock valued at $2,031,000 after purchasing an additional 560 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd bought a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the third quarter valued at approximately $400,000.

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.