Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Reaches New 1-Year Low – Here’s Why

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR)’s share price reached a new 52-week low on Wednesday. The stock traded as low as $31.50 and last traded at $31.5310, with a volume of 458,074 shares traded. The stock had previously closed at $32.11.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Performance

The company’s 50 day simple moving average is $33.64 and its 200 day simple moving average is $34.53. The stock has a market cap of $1.34 billion, a PE ratio of 13.62 and a beta of 0.35.

Institutional Trading of Xtrackers Harvest CSI 300 China A-Shares ETF

A hedge fund recently bought a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF stock. Barometer Capital Management Inc. bought a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 13,900 shares of the exchange traded fund’s stock, valued at approximately $454,000.

About Xtrackers Harvest CSI 300 China A-Shares ETF

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.