X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Stock Price Cross Below 200-Day Moving Average – Here’s What Happened

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) shares passed 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 trading hands.

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

The company’s fifty day moving average price is $27.14 and its 200-day moving average price is $25.67. The stock has a market cap of $1.79 billion, a P/E ratio of 12.00 and a beta of 0.47.

Hedge Funds 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 stake in shares of X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) by 1,687.5% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor 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 about 0.06% of X-trackers Harvest CSI 300 China A-Shares Fund worth $1,227,000 at the end of the most recent quarter.

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.