X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Shares Gap Down – Here’s Why

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) shares gapped down before the market opened on Tuesday . The stock had previously closed at $35.44, but opened at $30.57. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $31.16, with a volume of 8,205,191 shares traded.

X-trackers Harvest CSI 300 China A-Shares Fund Stock Down 13.5 %

The stock has a market capitalization of $2.15 billion, a price-to-earnings ratio of 12.00 and a beta of 0.47. The business’s 50-day moving average is $24.42 and its two-hundred day moving average is $24.33.

Hedge Funds Weigh In On X-trackers Harvest CSI 300 China A-Shares Fund

A hedge fund recently raised its stake in X-trackers Harvest CSI 300 China A-Shares Fund stock. Acima Private Wealth LLC grew its stake in X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) by 43.2% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 81,963 shares of the exchange traded fund’s stock after acquiring an additional 24,731 shares during the period. Acima Private Wealth LLC owned about 0.12% of X-trackers Harvest CSI 300 China A-Shares Fund worth $1,932,000 as of its most recent filing with the SEC.

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

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.