Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Reaches New 52-Week High – Still a Buy?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) hit a new 52-week high during trading on Tuesday . The stock traded as high as $36.60 and last traded at $36.51, with a volume of 7674827 shares changing hands. The stock had previously closed at $35.73.

Xtrackers Harvest CSI 300 China A-Shares ETF Stock Performance

The firm has a market cap of $1.85 billion, a P/E ratio of 13.62 and a beta of 0.32. The company has a 50 day moving average of $33.88 and a 200 day moving average of $33.49.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of ASHR. Mondrian Investment Partners LTD bought a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 3rd quarter valued at $315,000. ANTIPODES PARTNERS Ltd bought a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 3rd quarter valued at $400,000. Barometer Capital Management Inc. bought a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 1st quarter worth about $454,000. Quantitative Investment Management LLC bought a new stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF during the 4th quarter worth about $612,000. Finally, Farther Finance Advisors LLC boosted its stake in shares of Xtrackers Harvest CSI 300 China A-Shares ETF by 4,802.9% during the 4th quarter. Farther Finance Advisors LLC now owns 28,486 shares of the exchange traded fund’s stock worth $936,000 after acquiring an additional 27,905 shares in the last quarter.

Xtrackers Harvest CSI 300 China A-Shares ETF 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. ASHR was launched on Nov 6, 2013 and is managed by Xtrackers.