Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Stock Price Pass Above Fifty Day Moving Average – Should You Sell?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) shares passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $32.81 and traded as high as $32.83. Xtrackers Harvest CSI 300 China A-Shares ETF shares last traded at $32.82, with a volume of 2,587,098 shares changing hands.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Performance

The stock’s 50-day moving average is $32.81 and its two-hundred day moving average is $30.90. The stock has a market cap of $1.75 billion, a PE ratio of 13.62 and a beta of 0.27.

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

Several hedge funds and other institutional investors have recently made changes to their positions in ASHR. JPMorgan Chase & Co. increased its holdings in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 83.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,176,411 shares of the exchange traded fund’s stock valued at $71,778,000 after acquiring an additional 990,443 shares during the period. Trium Capital LLP purchased a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the third quarter valued at about $31,955,000. Delphi Financial Group Inc. increased its stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 53.8% during the third 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. Strs Ohio acquired a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF in the 1st quarter valued at approximately $8,997,000. Finally, Sun Life Financial Inc. acquired a new position in Xtrackers Harvest CSI 300 China A-Shares ETF during the second quarter worth $5,461,000.

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.