X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) Shares Gap Up – What’s Next?

X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) shares gapped up prior to trading on Friday . The stock had previously closed at $26.38, but opened at $28.00. X-trackers Harvest CSI 300 China A-Shares Fund shares last traded at $27.71, with a volume of 6,247,793 shares trading hands.

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

The stock has a market capitalization of $1.95 billion, a PE ratio of 12.00 and a beta of 0.47. The stock’s 50-day moving average is $25.22 and its 200 day moving average is $24.57.

Hedge Funds Weigh In On 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. Summit Trail Advisors LLC boosted its position in X-trackers Harvest CSI 300 China A-Shares Fund (NYSEARCA:ASHR) by 135.2% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,284 shares of the exchange traded fund’s stock after buying an additional 17,410 shares during the period. Summit Trail Advisors LLC’s holdings in X-trackers Harvest CSI 300 China A-Shares Fund were worth $714,000 as of its most recent SEC filing.

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.