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

Shares of X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) saw unusually-high trading volume on Wednesday . Approximately 9,386,180 shares traded hands during mid-day trading, an increase of 92% from the previous session’s volume of 4,901,052 shares.The stock last traded at $28.32 and had previously closed at $30.39.

X-trackers Harvest CSI 300 China A-Shares Fund Stock Up 1.2 %

The stock’s 50-day moving average price is $24.65 and its 200-day moving average price is $24.40. The company has a market capitalization of $2.02 billion, a price-to-earnings ratio of 12.00 and a beta of 0.47.

Hedge Funds Weigh In On 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 grew its holdings in X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) by 135.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 30,284 shares of the exchange traded fund’s stock after purchasing 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 at the end of the most recent reporting period.

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.