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

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $37.15 and last traded at $37.15, with a volume of 41753 shares traded. The stock had previously closed at $36.34.

Xtrackers Harvest CSI 300 China A-Shares ETF Price Performance

The company has a market cap of $1.87 billion, a price-to-earnings ratio of 13.62 and a beta of 0.32. The firm has a 50-day moving average price of $35.34 and a 200 day moving average price of $34.01.

Hedge Funds Weigh In On Xtrackers Harvest CSI 300 China A-Shares ETF

A number of hedge funds have recently bought and sold shares of ASHR. JPMorgan Chase & Co. raised its holdings in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 83.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,176,411 shares of the exchange traded fund’s stock worth $71,778,000 after buying an additional 990,443 shares in the last quarter. DRW Securities LLC bought a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 4th quarter worth $9,667,000. 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 buying an additional 155,030 shares in the last quarter. Sun Life Financial Inc. boosted its stake in 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 buying an additional 132,600 shares in the last quarter. Finally, ANTIPODES PARTNERS Ltd grew its position in Xtrackers Harvest CSI 300 China A-Shares ETF by 367.5% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 56,694 shares of the exchange traded fund’s stock valued at $1,863,000 after acquiring an additional 44,566 shares during the last quarter.

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.