X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Sees Strong Trading Volume – Here’s What Happened

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) saw unusually-strong trading volume on Thursday . Approximately 17,935,623 shares traded hands during trading, an increase of 134% from the previous session’s volume of 7,679,577 shares.The stock last traded at $27.06 and had previously closed at $27.56.

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

The company has a market capitalization of $2.44 billion, a price-to-earnings ratio of 15.14 and a beta of 0.36. The stock has a fifty day simple moving average of $26.54 and a 200-day simple moving average of $26.70.

Hedge Funds Weigh In On X-trackers Harvest CSI 300 China A-Shares Fund

Institutional investors and hedge funds have recently modified their holdings of the business. BNP Paribas Financial Markets increased its position in shares of X-trackers Harvest CSI 300 China A-Shares Fund by 458.5% in the fourth quarter. BNP Paribas Financial Markets now owns 3,742,079 shares of the exchange traded fund’s stock valued at $99,053,000 after buying an additional 3,072,053 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in X-trackers Harvest CSI 300 China A-Shares Fund by 77.4% during the fourth quarter. JPMorgan Chase & Co. now owns 1,896,766 shares of the exchange traded fund’s stock valued at $50,207,000 after purchasing an additional 827,398 shares in the last quarter. Mount Lucas Management LP acquired a new stake in shares of X-trackers Harvest CSI 300 China A-Shares Fund in the fourth quarter valued at about $18,529,000. Nisa Investment Advisors LLC purchased a new stake in shares of X-trackers Harvest CSI 300 China A-Shares Fund during the fourth quarter worth about $13,235,000. Finally, Delphi Financial Group Inc. acquired a new position in shares of X-trackers Harvest CSI 300 China A-Shares Fund during the 4th quarter worth about $3,680,000.

X-trackers Harvest CSI 300 China A-Shares Fund 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.