Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Stock Pass Below Two Hundred Day Moving Average – Here’s Why

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $34.46 and traded as low as $33.86. Xtrackers Harvest CSI 300 China A-Shares ETF shares last traded at $33.88, with a volume of 4,477,126 shares traded.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Performance

The business’s 50-day moving average price is $35.40 and its 200 day moving average price is $34.46. The company has a market cap of $1.56 billion, a P/E ratio of 13.62 and a beta of 0.32.

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

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC increased its position in Xtrackers Harvest CSI 300 China A-Shares ETF by 4,802.9% during the fourth quarter. Farther Finance Advisors LLC now owns 28,486 shares of the exchange traded fund’s stock worth $936,000 after buying an additional 27,905 shares during the last quarter. ANTIPODES PARTNERS Ltd lifted its position in shares of 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 buying an additional 44,566 shares during the last quarter. Mondrian Investment Partners LTD boosted its stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 29.6% during the 4th quarter. Mondrian Investment Partners LTD now owns 12,383 shares of the exchange traded fund’s stock worth $407,000 after acquiring an additional 2,825 shares during the period. Delphi Financial Group Inc. boosted its stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 33.2% during the 4th quarter. Delphi Financial Group Inc. now owns 590,280 shares of the exchange traded fund’s stock worth $19,391,000 after acquiring an additional 147,220 shares during the period. Finally, Sun Life Financial Inc. increased its holdings in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 66.9% during the 4th quarter. Sun Life Financial Inc. now owns 330,900 shares of the exchange traded fund’s stock worth $10,870,000 after acquiring an additional 132,600 shares during the last quarter.

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.