Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Shares Cross Below 200 Day Moving Average – Time to Sell?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR)’s stock price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $34.61 and traded as low as $33.62. Xtrackers Harvest CSI 300 China A-Shares ETF shares last traded at $33.62, with a volume of 4,466,990 shares traded.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Up 0.1%

The firm has a market capitalization of $1.53 billion, a P/E ratio of 13.62 and a beta of 0.33. The business has a 50-day moving average price of $34.52 and a 200-day moving average price of $34.60.

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

A number of hedge funds have recently made changes to their positions in the business. DRW Securities LLC bought a new stake in Xtrackers Harvest CSI 300 China A-Shares ETF during the fourth quarter worth about $9,667,000. Delphi Financial Group Inc. lifted its position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 33.2% during the fourth quarter. Delphi Financial Group Inc. now owns 590,280 shares of the exchange traded fund’s stock worth $19,391,000 after purchasing an additional 147,220 shares in the last quarter. Sun Life Financial Inc. grew its stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 66.9% during the fourth quarter. Sun Life Financial Inc. now owns 330,900 shares of the exchange traded fund’s stock valued at $10,870,000 after purchasing an additional 132,600 shares during the last quarter. ANTIPODES PARTNERS Ltd increased its holdings in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 367.5% in the fourth quarter. ANTIPODES PARTNERS Ltd now owns 56,694 shares of the exchange traded fund’s stock valued at $1,863,000 after purchasing an additional 44,566 shares in the last quarter. Finally, Quantitative Investment Management LLC bought a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the fourth quarter worth $612,000.

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.