X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Sees Unusually-High Trading Volume – Here’s Why

Shares of X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) saw an uptick in trading volume on Friday . 6,716,202 shares changed hands during mid-day trading, a decline of 5% from the previous session’s volume of 7,091,225 shares.The stock last traded at $25.05 and had previously closed at $25.51.

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

The company has a fifty day moving average price of $27.09 and a two-hundred day moving average price of $25.69. The company has a market cap of $1.75 billion, a P/E ratio of 12.00 and a beta of 0.47.

Institutional Trading of X-trackers Harvest CSI 300 China A-Shares Fund

A hedge fund recently raised its stake in X-trackers Harvest CSI 300 China A-Shares Fund stock. Hollencrest Capital Management increased its holdings in shares of X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) by 1,687.5% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 42,900 shares of the exchange traded fund’s stock after purchasing an additional 40,500 shares during the period. Hollencrest Capital Management owned 0.06% of X-trackers Harvest CSI 300 China A-Shares Fund worth $1,227,000 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.