X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Stock Price Pass Below Two Hundred Day Moving Average – Here’s What Happened

Shares of X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.98 and traded as low as $24.95. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $25.21, with a volume of 41,837,808 shares.

X-trackers Harvest CSI 300 China A-Shares Fund Trading Down 3.7 %

The stock has a 50 day moving average of $26.73 and a 200-day moving average of $27.01. The stock has a market capitalization of $2.49 billion, a P/E ratio of 14.35 and a beta of 0.31.

Hedge Funds Weigh In On X-trackers Harvest CSI 300 China A-Shares Fund

Hedge funds have recently added to or reduced their stakes in the stock. FNY Investment Advisers LLC bought a new stake in shares of X-trackers Harvest CSI 300 China A-Shares Fund in the fourth quarter valued at about $55,000. Delphi Financial Group Inc. bought a new stake in shares of X-trackers Harvest CSI 300 China A-Shares Fund in the 4th quarter valued at about $3,680,000. Nisa Investment Advisors LLC purchased a new stake in shares of X-trackers Harvest CSI 300 China A-Shares Fund in the 4th quarter worth approximately $13,235,000. Mount Lucas Management LP bought a new position in shares of X-trackers Harvest CSI 300 China A-Shares Fund during the fourth quarter valued at approximately $18,529,000. Finally, JPMorgan Chase & Co. increased its holdings in X-trackers Harvest CSI 300 China A-Shares Fund by 77.4% during the fourth quarter. JPMorgan Chase & Co. now owns 1,896,766 shares of the exchange traded fund’s stock valued at $50,207,000 after buying an additional 827,398 shares during the period.

X-trackers Harvest CSI 300 China A-Shares Fund 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.