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

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) shares crossed 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 trading hands.

Morgan Stanley China A Share Fund Stock Up 0.9 %

The business’s fifty day simple moving average is $11.51 and its 200-day simple moving average is $11.88.

Institutional Investors Weigh In On Morgan Stanley China A Share Fund

A number of hedge funds have recently made changes to their positions in the company. Dakota Wealth Management raised its holdings in shares of Morgan Stanley China A Share Fund by 49.6% during the 2nd quarter. Dakota Wealth Management now owns 19,374 shares of the investment management company’s stock worth $228,000 after acquiring an additional 6,420 shares in the last quarter. Quarry LP bought a new position in Morgan Stanley China A Share Fund during the fourth quarter valued at $278,000. Wolverine Asset Management LLC grew its stake in shares of Morgan Stanley China A Share Fund by 18.4% in the 2nd quarter. Wolverine Asset Management LLC now owns 58,930 shares of the investment management company’s stock worth $692,000 after buying an additional 9,165 shares in the last quarter. Matisse Capital increased its holdings in shares of Morgan Stanley China A Share Fund by 213.4% in the 1st quarter. Matisse Capital now owns 132,247 shares of the investment management company’s stock worth $1,592,000 after buying an additional 90,052 shares during the last quarter. Finally, Karpus Management Inc. raised its position in shares of Morgan Stanley China A Share Fund by 8.5% during the 4th quarter. Karpus Management Inc. now owns 622,085 shares of the investment management company’s stock valued at $7,925,000 after buying an additional 48,879 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.