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

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR)’s share price passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $26.98 and traded as low as $24.95. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $25.21, with a volume of 41,837,808 shares changing hands.

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

The stock has a fifty day moving average of $26.73 and a 200 day moving average of $26.98. The company has a market capitalization of $2.49 billion, a PE ratio of 14.35 and a beta of 0.31.

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

Hedge funds and other institutional investors have recently made changes to their positions in the company. BNP Paribas Financial Markets lifted its stake in shares of X-trackers Harvest CSI 300 China A-Shares Fund by 458.5% during the 4th quarter. BNP Paribas Financial Markets now owns 3,742,079 shares of the exchange traded fund’s stock worth $99,053,000 after purchasing an additional 3,072,053 shares during the last quarter. JPMorgan Chase & Co. raised its holdings in X-trackers Harvest CSI 300 China A-Shares Fund by 77.4% in the fourth quarter. JPMorgan Chase & Co. now owns 1,896,766 shares of the exchange traded fund’s stock worth $50,207,000 after purchasing an additional 827,398 shares in the last quarter. Mount Lucas Management LP bought a new position in X-trackers Harvest CSI 300 China A-Shares Fund in the fourth quarter worth about $18,529,000. Nisa Investment Advisors LLC purchased a new stake in shares of X-trackers Harvest CSI 300 China A-Shares Fund during the fourth quarter valued at about $13,235,000. Finally, Delphi Financial Group Inc. bought a new stake in shares of X-trackers Harvest CSI 300 China A-Shares Fund in the 4th quarter valued at about $3,680,000.

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.