X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Sees Strong Trading Volume – Still a Buy?

Shares of X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) saw an uptick in trading volume on Friday . 15,203,186 shares changed hands during trading, an increase of 66% from the previous session’s volume of 9,156,811 shares.The stock last traded at $26.03 and had previously closed at $25.60.

X-trackers Harvest CSI 300 China A-Shares Fund Stock Up 1.3 %

The stock has a fifty day moving average price of $26.85 and a two-hundred day moving average price of $25.73. The company has a market cap of $1.82 billion, a price-to-earnings ratio of 12.00 and a beta of 0.47.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Nisa Investment Advisors LLC acquired a new position in X-trackers Harvest CSI 300 China A-Shares Fund in the fourth quarter valued at about $13,235,000. Hollencrest Capital Management raised its position in shares of X-trackers Harvest CSI 300 China A-Shares Fund by 1,687.5% in the 3rd quarter. Hollencrest Capital Management now owns 42,900 shares of the exchange traded fund’s stock valued at $1,227,000 after buying an additional 40,500 shares in the last quarter. Summit Trail Advisors LLC lifted its holdings in shares of X-trackers Harvest CSI 300 China A-Shares Fund by 135.2% during the 2nd quarter. Summit Trail Advisors LLC now owns 30,284 shares of the exchange traded fund’s stock worth $714,000 after acquiring an additional 17,410 shares during the period. Finally, FNY Investment Advisers LLC acquired a new stake in shares of X-trackers Harvest CSI 300 China A-Shares Fund during the 4th quarter worth approximately $55,000.

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.