Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) Sets New 52-Week Low – Should You Sell?

Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR)’s stock price reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as $30.31 and last traded at $30.3750, with a volume of 385,110 shares traded. The stock had previously closed at $30.74.

Xtrackers Harvest CSI 300 China A-Shares ETF Price Performance

The firm has a 50-day moving average of $32.77 and a 200-day moving average of $34.05. The stock has a market cap of $1.28 billion, a PE ratio of 13.62 and a beta of 0.35.

Institutional Investors Weigh In On Xtrackers Harvest CSI 300 China A-Shares ETF

A hedge fund recently bought a new position in Xtrackers Harvest CSI 300 China A-Shares ETF stock. Barometer Capital Management Inc. bought a new position in shares of Xtrackers Harvest CSI 300 China A-Shares ETF (NYSEARCA:ASHR) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,900 shares of the exchange traded fund’s stock, valued at approximately $454,000.

About Xtrackers Harvest CSI 300 China A-Shares ETF

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.