X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Stock Price Cross Below Two Hundred Day Moving Average – Here’s Why

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) shares crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $25.67 and traded as low as $25.39. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $25.51, with a volume of 6,833,874 shares.

X-trackers Harvest CSI 300 China A-Shares Fund Stock Performance

The stock’s 50-day simple moving average is $27.09 and its two-hundred day simple moving average is $25.67. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 12.00 and a beta of 0.47.

Institutional Investors Weigh In On X-trackers Harvest CSI 300 China A-Shares Fund

An institutional investor recently raised its position in X-trackers Harvest CSI 300 China A-Shares Fund stock. Hollencrest Capital Management grew its position in X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) by 1,687.5% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 42,900 shares of the exchange traded fund’s stock after acquiring an additional 40,500 shares during the period. Hollencrest Capital Management owned 0.06% of X-trackers Harvest CSI 300 China A-Shares Fund worth $1,227,000 at the end of the most recent reporting period.

X-trackers Harvest CSI 300 China A-Shares Fund 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.