Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Sets New 12-Month High – Should You Buy?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR)’s stock price reached a new 52-week high on Monday . The company traded as high as $34.19 and last traded at $34.1650, with a volume of 580818 shares changing hands. The stock had previously closed at $33.91.

Xtrackers Harvest CSI 300 China A-Shares ETF Price Performance

The stock has a 50-day moving average price of $32.89 and a 200-day moving average price of $31.45. The firm has a market capitalization of $1.87 billion, a PE ratio of 13.62 and a beta of 0.27.

Hedge Funds Weigh In On Xtrackers Harvest CSI 300 China A-Shares ETF

A number of institutional investors have recently made changes to their positions in ASHR. Strs Ohio purchased a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 1st quarter valued at approximately $8,997,000. Hutchinson Financial Advisors INC acquired a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF in the second quarter valued at $631,000. JPMorgan Chase & Co. boosted its stake in Xtrackers Harvest CSI 300 China A-Shares ETF by 26.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,185,968 shares of the exchange traded fund’s stock valued at $32,662,000 after acquiring an additional 249,190 shares during the last quarter. Sun Life Financial Inc. acquired a new position in Xtrackers Harvest CSI 300 China A-Shares ETF during the 2nd quarter worth $5,461,000. Finally, Trium Capital LLP acquired a new position in Xtrackers Harvest CSI 300 China A-Shares ETF during the 3rd quarter worth $31,955,000.

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.