Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Reaches New 12-Month High – What’s Next?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR)’s share price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $36.60 and last traded at $36.51, with a volume of 7674827 shares changing hands. The stock had previously closed at $35.73.

Xtrackers Harvest CSI 300 China A-Shares ETF Price Performance

The stock has a market cap of $1.83 billion, a P/E ratio of 13.62 and a beta of 0.32. The firm’s 50-day moving average price is $33.78 and its 200-day moving average price is $33.44.

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

Several institutional investors and hedge funds have recently modified their holdings of ASHR. JPMorgan Chase & Co. raised its position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 83.5% during the third quarter. JPMorgan Chase & Co. now owns 2,176,411 shares of the exchange traded fund’s stock valued at $71,778,000 after buying an additional 990,443 shares during the last quarter. DRW Securities LLC purchased a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the fourth quarter valued at $9,667,000. Delphi Financial Group Inc. grew its holdings in shares of 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 purchasing an additional 155,030 shares in the last quarter. Sun Life Financial Inc. grew its holdings in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 66.9% in the fourth quarter. Sun Life Financial Inc. now owns 330,900 shares of the exchange traded fund’s stock valued at $10,870,000 after purchasing an additional 132,600 shares in the last quarter. Finally, Freemont Capital Pte Ltd purchased a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the third quarter valued at $1,814,000.

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.