Sculptor Capital LP acquired a new position in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Free Report) in the first quarter, Holdings Channel reports. The firm acquired 104,821 shares of the investment management company’s stock, valued at approximately $1,834,000.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lazard Asset Management LLC grew its position in Morgan Stanley China A Share Fund by 2.9% during the 4th quarter. Lazard Asset Management LLC now owns 2,369,996 shares of the investment management company’s stock worth $41,143,000 after purchasing an additional 66,471 shares in the last quarter. Allspring Global Investments Holdings LLC lifted its holdings in shares of Morgan Stanley China A Share Fund by 10.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 1,847,716 shares of the investment management company’s stock valued at $32,335,000 after purchasing an additional 172,697 shares in the last quarter. Public Employees Retirement System of Ohio boosted its position in shares of Morgan Stanley China A Share Fund by 11.5% in the fourth quarter. Public Employees Retirement System of Ohio now owns 755,912 shares of the investment management company’s stock worth $13,123,000 after buying an additional 77,944 shares during the period. Saba Capital Management L.P. boosted its position in shares of Morgan Stanley China A Share Fund by 130.9% in the fourth quarter. Saba Capital Management L.P. now owns 634,953 shares of the investment management company’s stock worth $11,023,000 after buying an additional 359,942 shares during the period. Finally, Cohen & Steers Inc. grew its holdings in shares of Morgan Stanley China A Share Fund by 67.6% during the fourth quarter. Cohen & Steers Inc. now owns 62,000 shares of the investment management company’s stock valued at $1,076,000 after buying an additional 25,000 shares in the last quarter.
Morgan Stanley China A Share Fund Price Performance
NYSE:CAF opened at $19.86 on Monday. Morgan Stanley China A Share Fund, Inc. has a 1-year low of $13.71 and a 1-year high of $21.41. The business’s fifty day moving average price is $20.10 and its 200 day moving average price is $18.77.
Morgan Stanley China A Share Fund Company 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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