X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Sees Unusually-High Trading Volume – Should You Buy?

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) shares saw unusually-strong trading volume on Tuesday . Approximately 20,828,889 shares traded hands during trading, an increase of 234% from the previous session’s volume of 6,228,199 shares.The stock last traded at $27.91 and had previously closed at $28.43.

X-trackers Harvest CSI 300 China A-Shares Fund Trading Down 2.1 %

The company has a fifty day moving average of $26.87 and a two-hundred day moving average of $25.04. The stock has a market capitalization of $1.94 billion, a price-to-earnings ratio of 12.00 and a beta of 0.47.

Institutional Investors Weigh In On X-trackers Harvest CSI 300 China A-Shares Fund

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

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.