Morgan Stanley China A Share Fund (NYSE:CAF) Stock Crosses Above Fifty Day Moving Average of $11.62

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) shares passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $11.62 and traded as high as $13.99. Morgan Stanley China A Share Fund shares last traded at $13.92, with a volume of 175,437 shares changing hands.

Morgan Stanley China A Share Fund Stock Up 2.8 %

The company has a 50 day simple moving average of $11.62 and a 200-day simple moving average of $11.90.

Institutional Investors Weigh In On Morgan Stanley China A Share Fund

Hedge funds and other institutional investors have recently modified their holdings of the company. Dakota Wealth Management increased its holdings in shares of Morgan Stanley China A Share Fund by 49.6% during the second quarter. Dakota Wealth Management now owns 19,374 shares of the investment management company’s stock valued at $228,000 after acquiring an additional 6,420 shares in the last quarter. Quarry LP bought a new stake in shares of Morgan Stanley China A Share Fund during the fourth quarter valued at approximately $278,000. Wolverine Asset Management LLC increased its holdings in shares of Morgan Stanley China A Share Fund by 18.4% during the second quarter. Wolverine Asset Management LLC now owns 58,930 shares of the investment management company’s stock valued at $692,000 after acquiring 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% during the first quarter. Matisse Capital now owns 132,247 shares of the investment management company’s stock valued at $1,592,000 after acquiring an additional 90,052 shares in the last quarter. Finally, Karpus Management Inc. increased its holdings in shares of Morgan Stanley China A Share Fund by 8.5% during the fourth quarter. Karpus Management Inc. now owns 622,085 shares of the investment management company’s stock valued at $7,925,000 after acquiring an additional 48,879 shares in the last quarter.

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.