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) shares reached a new 52-week high on Tuesday . The stock traded as high as $36.60 and last traded at $36.51, with a volume of 7674827 shares traded. The stock had previously closed at $35.73.

Xtrackers Harvest CSI 300 China A-Shares ETF Price Performance

The firm has a market capitalization of $1.83 billion, a P/E ratio of 13.62 and a beta of 0.32. The company’s 50-day simple moving average is $33.78 and its two-hundred day simple moving average is $33.44.

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

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Freemont Capital Pte Ltd bought a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF during the 3rd quarter worth approximately $1,814,000. JPMorgan Chase & Co. raised its stake in 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 acquiring an additional 990,443 shares during the period. Financial & Tax Architects LLC bought a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF during the 3rd quarter worth approximately $1,098,000. Delphi Financial Group Inc. raised its stake in Xtrackers Harvest CSI 300 China A-Shares ETF by 53.8% during the 3rd quarter. Delphi Financial Group Inc. now owns 443,060 shares of the exchange traded fund’s stock worth $14,599,000 after acquiring an additional 155,030 shares during the period. Finally, Farther Finance Advisors LLC raised its stake in Xtrackers Harvest CSI 300 China A-Shares ETF by 4,802.9% during the 4th quarter. Farther Finance Advisors LLC now owns 28,486 shares of the exchange traded fund’s stock worth $936,000 after acquiring an additional 27,905 shares during the period.

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.