City of London Investment Management Co. Ltd. Sells 96,245 Shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF)

City of London Investment Management Co. Ltd. lowered its stake in shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Get Rating) by 1.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,515,604 shares of the investment management company’s stock after selling 96,245 shares during the quarter. Morgan Stanley China A Share Fund accounts for 7.4% of City of London Investment Management Co. Ltd.’s investment portfolio, making the stock its 2nd largest holding. City of London Investment Management Co. Ltd.’s holdings in Morgan Stanley China A Share Fund were worth $92,424,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Elequin Securities LLC purchased a new stake in shares of Morgan Stanley China A Share Fund in the 4th quarter valued at about $48,000. UBS Group AG raised its holdings in shares of Morgan Stanley China A Share Fund by 63.8% in the 3rd quarter. UBS Group AG now owns 7,982 shares of the investment management company’s stock valued at $108,000 after acquiring an additional 3,110 shares in the last quarter. PNC Financial Services Group Inc. purchased a new stake in shares of Morgan Stanley China A Share Fund in the 4th quarter valued at about $110,000. Lincoln National Corp bought a new position in shares of Morgan Stanley China A Share Fund during the 4th quarter valued at about $160,000. Finally, HighTower Advisors LLC bought a new position in Morgan Stanley China A Share Fund during the 4th quarter worth approximately $214,000.

Morgan Stanley China A Share Fund Price Performance

Shares of CAF stock traded up $0.07 during trading hours on Friday, reaching $13.13. The company’s stock had a trading volume of 3,845 shares, compared to its average volume of 26,856. Morgan Stanley China A Share Fund, Inc. has a one year low of $12.16 and a one year high of $17.01. The firm’s fifty day simple moving average is $13.87 and its 200 day simple moving average is $14.32.

Morgan Stanley China A Share Fund Company Profile

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Morgan Stanley China A Share Fund, Inc is a closed-end management investment company. Its investment objective is to seek capital growth. The firm invests its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges, either by investing directly in A-shares through a licensed qualified foreign institutional investor or by gaining exposure to the A-share market through the use of derivatives.