X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Shares Down 1.9% – Should You Sell?

Shares of X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) fell 1.9% during mid-day trading on Tuesday . The stock traded as low as $26.44 and last traded at $26.49. 1,678,809 shares changed hands during trading, a decline of 74% from the average session volume of 6,506,708 shares. The stock had previously closed at $27.01.

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

The company has a market capitalization of $1.85 billion, a price-to-earnings ratio of 12.00 and a beta of 0.47. The stock’s fifty day simple moving average is $27.40 and its two-hundred day simple moving average is $25.62.

Institutional Trading of 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. Summit Trail Advisors LLC raised its stake in shares of X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) by 135.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 30,284 shares of the exchange traded fund’s stock after acquiring an additional 17,410 shares during the quarter. Summit Trail Advisors LLC’s holdings in X-trackers Harvest CSI 300 China A-Shares Fund were worth $714,000 as of its most recent filing with the SEC.

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.