X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Stock Pass Below Two Hundred Day Moving Average – What’s Next?

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR)’s stock price crossed 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 changing hands.

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

The company’s 50 day simple moving average is $27.09 and its 200 day simple moving average is $25.67. The stock has a market cap of $1.75 billion, a P/E ratio of 12.00 and a beta of 0.47.

Institutional Investors 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. Summit Trail Advisors LLC increased its stake in shares of X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) by 135.2% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 30,284 shares of the exchange traded fund’s stock after acquiring an additional 17,410 shares during the period. 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.

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.