Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Reaches New 52-Week High – Should You Buy?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) hit a new 52-week high during trading on Wednesday . The company traded as high as $35.82 and last traded at $35.79, with a volume of 608782 shares trading hands. The stock had previously closed at $35.35.

Xtrackers Harvest CSI 300 China A-Shares ETF Trading Up 1.9%

The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 13.62 and a beta of 0.32. The stock’s 50 day moving average is $33.64 and its 200 day moving average is $33.34.

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

Several hedge funds have recently modified their holdings of the company. Quantitative Investment Management LLC acquired a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 4th quarter worth about $612,000. DRW Securities LLC acquired a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 4th quarter worth about $9,667,000. Sun Life Financial Inc. boosted its stake 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 purchasing an additional 132,600 shares during the last quarter. 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 purchasing an additional 147,220 shares during the last quarter. Finally, 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 purchasing an additional 2,825 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.