Allspring Global Investments Holdings LLC lowered its position in shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Free Report) by 12.0% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,675,019 shares of the investment management company’s stock after selling 228,808 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Morgan Stanley China A Share Fund were worth $29,078,000 at the end of the most recent quarter.
A number of other hedge funds have also recently bought and sold shares of the company. City of London Investment Management Co. Ltd. lifted its holdings in Morgan Stanley China A Share Fund by 3.3% in the 3rd quarter. City of London Investment Management Co. Ltd. now owns 6,147,824 shares of the investment management company’s stock worth $102,361,000 after purchasing an additional 197,503 shares during the last quarter. Lazard Asset Management LLC lifted its holdings in shares of Morgan Stanley China A Share Fund by 0.4% during the third quarter. Lazard Asset Management LLC now owns 2,303,525 shares of the investment management company’s stock valued at $38,354,000 after acquiring an additional 9,909 shares during the period. Public Employees Retirement System of Ohio boosted its stake in shares of Morgan Stanley China A Share Fund by 1.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 677,968 shares of the investment management company’s stock valued at $11,288,000 after purchasing an additional 12,663 shares in the last quarter. Karpus Management Inc. boosted its stake in shares of Morgan Stanley China A Share Fund by 0.3% in the 2nd 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, Cresset Asset Management LLC grew its holdings in shares of Morgan Stanley China A Share Fund by 109.0% in the 3rd quarter. Cresset Asset Management LLC now owns 23,071 shares of the investment management company’s stock worth $384,000 after purchasing an additional 12,031 shares during the last quarter.
Morgan Stanley China A Share Fund Trading Up 0.5%
Shares of Morgan Stanley China A Share Fund stock opened at $17.18 on Friday. Morgan Stanley China A Share Fund, Inc. has a 12-month low of $11.41 and a 12-month high of $18.93. The company has a 50-day simple moving average of $17.82 and a 200 day simple moving average of $17.18.
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.
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