Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Hits New 1-Year Low – What’s Next?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) shares reached a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $31.50 and last traded at $31.5310, with a volume of 458,074 shares trading hands. The stock had previously closed at $32.11.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Down 2.2%

The business’s 50-day simple moving average is $33.76 and its two-hundred day simple moving average is $34.54. The firm has a market cap of $1.34 billion, a price-to-earnings ratio of 13.62 and a beta of 0.35.

Hedge Funds Weigh In On 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 shares of 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 & Exchange Commission. The institutional investor purchased 13,900 shares of the exchange traded fund’s stock, valued at approximately $454,000.

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.