City of London Investment Management Co. Ltd. grew its holdings in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Free Report) by 6.5% in the 2nd quarter, Holdings Channel reports. The fund owned 5,950,321 shares of the investment management company’s stock after purchasing an additional 364,709 shares during the quarter. Morgan Stanley China A Share Fund comprises 7.6% of City of London Investment Management Co. Ltd.’s portfolio, making the stock its 3rd biggest holding. City of London Investment Management Co. Ltd.’s holdings in Morgan Stanley China A Share Fund were worth $81,972,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Cresset Asset Management LLC bought a new stake in shares of Morgan Stanley China A Share Fund in the 1st quarter worth approximately $131,000. PNC Financial Services Group Inc. increased its position in shares of Morgan Stanley China A Share Fund by 7.4% during the first quarter. PNC Financial Services Group Inc. now owns 16,124 shares of the investment management company’s stock valued at $211,000 after purchasing an additional 1,105 shares during the period. Finally, Strs Ohio bought a new stake in shares of Morgan Stanley China A Share Fund during the first quarter valued at approximately $312,000.
Morgan Stanley China A Share Fund Stock Performance
Shares of CAF stock opened at $16.43 on Friday. The firm has a fifty day moving average of $16.40 and a 200-day moving average of $14.77. Morgan Stanley China A Share Fund, Inc. has a 52-week low of $11.41 and a 52-week high of $18.93.
About Morgan Stanley China A Share Fund
Morgan Stanley China A Share Fund, Inc is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc It is co-managed by Morgan Stanley Investment Management Company. The fund invests in the public equity markets of China. It seeks to invest in the stocks of companies operating across diversified sectors.
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Want to see what other hedge funds are holding CAF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Free Report).
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