1607 Capital Partners LLC Lowers Position in Morgan Stanley China A Share Fund, Inc. $CAF

1607 Capital Partners LLC lessened its stake in shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) by 5.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 671,897 shares of the investment management company’s stock after selling 40,123 shares during the period. 1607 Capital Partners LLC’s holdings in Morgan Stanley China A Share Fund were worth $11,187,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Acuitas Investments LLC purchased a new position in shares of Morgan Stanley China A Share Fund during the 3rd quarter valued at about $81,000. Osaic Holdings Inc. raised its stake in Morgan Stanley China A Share Fund by 39.6% during the 2nd quarter. Osaic Holdings Inc. now owns 9,368 shares of the investment management company’s stock worth $129,000 after acquiring an additional 2,658 shares during the period. Cresset Asset Management LLC lifted its holdings in Morgan Stanley China A Share Fund by 10.4% during the second quarter. Cresset Asset Management LLC now owns 11,040 shares of the investment management company’s stock valued at $152,000 after purchasing an additional 1,040 shares in the last quarter. Karpus Management Inc. lifted its holdings in Morgan Stanley China A Share Fund by 0.3% during the second quarter. Karpus Management Inc. now owns 619,887 shares of the investment management company’s stock valued at $8,540,000 after purchasing an additional 2,076 shares in the last quarter. Finally, Lazard Asset Management LLC boosted its position in shares of Morgan Stanley China A Share Fund by 0.4% in the third quarter. Lazard Asset Management LLC now owns 2,303,525 shares of the investment management company’s stock worth $38,354,000 after purchasing an additional 9,909 shares during the period.

Morgan Stanley China A Share Fund Price Performance

Shares of NYSE CAF opened at $17.81 on Friday. The firm has a fifty day moving average price of $18.08 and a 200-day moving average price of $17.00. Morgan Stanley China A Share Fund, Inc. has a 1 year low of $11.41 and a 1 year high of $18.93.

Morgan Stanley China A Share Fund Profile

The Morgan Stanley China A Share Fund (NYSE: CAF) is a closed-end investment fund designed to provide U.S. investors with direct exposure to China A-share equities. Primarily focused on mainland China’s onshore stock market, the fund seeks total return through capital appreciation and current income by investing in a diversified portfolio of common stocks, depositary receipts, warrants and other equity-related securities of issuers domiciled in or conducting the majority of their business operations in China.

Launched in the mid-2000s, the fund was established to capitalize on China’s gradual opening of its domestic equity markets to foreign investors.