Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Reaches New 1-Year High – Time to Buy?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) reached a new 52-week high during trading on Monday . The company traded as high as $37.15 and last traded at $37.15, with a volume of 41753 shares trading hands. The stock had previously closed at $36.34.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Performance

The firm has a market capitalization of $1.81 billion, a PE ratio of 13.62 and a beta of 0.32. The company’s fifty day moving average price is $35.46 and its two-hundred day moving average price is $34.07.

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

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Mondrian Investment Partners LTD raised its stake in Xtrackers Harvest CSI 300 China A-Shares ETF by 29.6% during the fourth quarter. Mondrian Investment Partners LTD now owns 12,383 shares of the exchange traded fund’s stock worth $407,000 after purchasing an additional 2,825 shares during the period. Barometer Capital Management Inc. acquired a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 1st quarter worth $454,000. Quantitative Investment Management LLC acquired a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 4th quarter worth $612,000. Farther Finance Advisors LLC increased its holdings in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 4,802.9% during the 4th quarter. Farther Finance Advisors LLC now owns 28,486 shares of the exchange traded fund’s stock worth $936,000 after buying an additional 27,905 shares during the last quarter. Finally, ANTIPODES PARTNERS Ltd raised its position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 367.5% in the 4th quarter. ANTIPODES PARTNERS Ltd now owns 56,694 shares of the exchange traded fund’s stock worth $1,863,000 after buying an additional 44,566 shares during the period.

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.