Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Sets New 1-Year Low – Should You Sell?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) shares reached a new 52-week low during mid-day trading on Wednesday. The company traded as low as $31.00 and last traded at $31.00, with a volume of 65,978 shares. The stock had previously closed at $31.23.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Performance

The stock’s 50-day moving average price is $33.41 and its two-hundred day moving average price is $34.50. The stock has a market capitalization of $1.32 billion, a PE ratio of 13.62 and a beta of 0.35.

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

An institutional investor recently bought a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF stock. Barometer Capital Management Inc. purchased a new position in Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 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.