X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Sees Unusually-High Trading Volume – What’s Next?

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) saw strong trading volume on Monday . 11,857,316 shares were traded during trading, an increase of 87% from the previous session’s volume of 6,354,307 shares.The stock last traded at $29.31 and had previously closed at $27.32.

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

The firm has a 50-day simple moving average of $28.12 and a 200-day simple moving average of $25.28. The firm has a market capitalization of $2.06 billion, a PE ratio of 12.00 and a beta of 0.47.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Hollencrest Capital Management lifted its holdings in shares of X-trackers Harvest CSI 300 China A-Shares Fund by 1,687.5% in the third quarter. Hollencrest Capital Management now owns 42,900 shares of the exchange traded fund’s stock worth $1,227,000 after buying an additional 40,500 shares in the last quarter. Summit Trail Advisors LLC lifted its stake in X-trackers Harvest CSI 300 China A-Shares Fund by 135.2% in the 2nd quarter. Summit Trail Advisors LLC now owns 30,284 shares of the exchange traded fund’s stock worth $714,000 after purchasing an additional 17,410 shares in the last quarter. Finally, Acima Private Wealth LLC grew its position in shares of X-trackers Harvest CSI 300 China A-Shares Fund by 43.2% during the second quarter. Acima Private Wealth LLC now owns 81,963 shares of the exchange traded fund’s stock valued at $1,932,000 after purchasing an additional 24,731 shares in the last quarter.

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.