Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Sets New 52-Week Low – Should You Sell?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR)’s stock price reached a new 52-week low during trading on Thursday. The company traded as low as $30.31 and last traded at $30.3750, with a volume of 385,110 shares changing hands. The stock had previously closed at $30.74.

Xtrackers Harvest CSI 300 China A-Shares ETF Price Performance

The company has a 50-day moving average price of $32.93 and a 200 day moving average price of $34.09. The firm has a market capitalization of $1.30 billion, a PE ratio of 13.62 and a beta of 0.35.

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

A hedge fund recently bought a new position 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 its most recent Form 13F filing with the SEC. 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.