Farther Finance Advisors LLC lessened its holdings in shares of The China Fund, Inc. (NYSE:CHN – Free Report) by 12.5% during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 24,079 shares of the investment management company’s stock after selling 3,446 shares during the quarter. Farther Finance Advisors LLC’s holdings in The China Fund were worth $359,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in CHN. Matisse Capital lifted its position in shares of The China Fund by 653.4% during the first quarter. Matisse Capital now owns 104,905 shares of the investment management company’s stock worth $1,347,000 after purchasing an additional 90,981 shares in the last quarter. Calamos Advisors LLC acquired a new stake in shares of The China Fund during the first quarter worth about $182,000. Plan Group Financial LLC acquired a new stake in shares of The China Fund during the first quarter worth about $137,000. Wolverine Asset Management LLC lifted its position in shares of The China Fund by 97.4% during the first quarter. Wolverine Asset Management LLC now owns 132,338 shares of the investment management company’s stock worth $1,699,000 after purchasing an additional 65,295 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in shares of The China Fund by 50,480.6% during the first quarter. Jones Financial Companies Lllp now owns 85,987 shares of the investment management company’s stock worth $1,104,000 after purchasing an additional 85,817 shares in the last quarter.
The China Fund Price Performance
Shares of CHN opened at $18.11 on Monday. The China Fund, Inc. has a 1 year low of $10.60 and a 1 year high of $18.46. The company’s 50-day simple moving average is $16.85 and its 200-day simple moving average is $14.34.
The China Fund Company Profile
The China Fund, Inc is a closed ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of China that includes the People's Republic of China, Hong Kong, and Taiwan. The fund invests in stocks of companies operating across diversified sectors.
Featured Stories
- Five stocks we like better than The China Fund
- Investing In Preferred Stock vs. Common Stock
- SoundHound Breaks Critical Resistance: How High Can It Get Now?
- Diversification Can Smooth Returns And Mitigate Portfolio Risk
- Klarna IPO: BNPL Stock or Something Bigger?
- What Are Growth Stocks and Investing in Them
- Why Teradyne Is a Core Play in the AI Hardware Boom
Want to see what other hedge funds are holding CHN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for The China Fund, Inc. (NYSE:CHN – Free Report).
Receive News & Ratings for The China Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The China Fund and related companies with MarketBeat.com's FREE daily email newsletter.
