Morgan Stanley China A Share Fund (NYSE:CAF) Stock Price Passes Below 50-Day Moving Average of $11.51

Shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $11.51 and traded as low as $11.45. Morgan Stanley China A Share Fund shares last traded at $11.51, with a volume of 20,397 shares.

Morgan Stanley China A Share Fund Trading Up 0.9 %

The business’s fifty day moving average is $11.51 and its two-hundred day moving average is $11.88.

Institutional Trading of Morgan Stanley China A Share Fund

Several institutional investors and hedge funds have recently modified their holdings of CAF. City of London Investment Management Co. Ltd. grew its stake in Morgan Stanley China A Share Fund by 5.2% in the second quarter. City of London Investment Management Co. Ltd. now owns 5,946,342 shares of the investment management company’s stock worth $69,870,000 after purchasing an additional 294,810 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Morgan Stanley China A Share Fund by 1.9% during the second quarter. Allspring Global Investments Holdings LLC now owns 2,585,829 shares of the investment management company’s stock valued at $30,383,000 after buying an additional 49,057 shares during the period. Karpus Management Inc. raised its holdings in shares of Morgan Stanley China A Share Fund by 1.0% in the first quarter. Karpus Management Inc. now owns 628,419 shares of the investment management company’s stock valued at $7,566,000 after acquiring an additional 6,334 shares in the last quarter. Matisse Capital lifted its stake in Morgan Stanley China A Share Fund by 39.9% in the second quarter. Matisse Capital now owns 184,997 shares of the investment management company’s stock worth $2,174,000 after acquiring an additional 52,750 shares during the period. Finally, Wolverine Asset Management LLC grew its holdings in Morgan Stanley China A Share Fund by 18.4% during the 2nd quarter. Wolverine Asset Management LLC now owns 58,930 shares of the investment management company’s stock worth $692,000 after acquiring an additional 9,165 shares in the last quarter.

Morgan Stanley China A Share Fund Company Profile

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.