Lazard Asset Management LLC cut its stake in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF – Free Report) by 28.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,477,458 shares of the investment management company’s stock after selling 966,739 shares during the period. Lazard Asset Management LLC’s holdings in Morgan Stanley China A Share Fund were worth $29,828,000 as of its most recent SEC filing.
Several other hedge funds have also recently bought and sold shares of CAF. Quarry LP bought a new position in Morgan Stanley China A Share Fund during the 4th quarter valued at $278,000. Matisse Capital acquired a new position in shares of Morgan Stanley China A Share Fund in the 4th quarter worth approximately $538,000. Karpus Management Inc. raised its holdings in shares of Morgan Stanley China A Share Fund by 1.0% in the 1st quarter. Karpus Management Inc. now owns 628,419 shares of the investment management company’s stock worth $7,566,000 after purchasing an additional 6,334 shares in the last quarter. Finally, City of London Investment Management Co. Ltd. lifted its stake in Morgan Stanley China A Share Fund by 7.9% during the fourth quarter. City of London Investment Management Co. Ltd. now owns 7,353,535 shares of the investment management company’s stock valued at $93,684,000 after purchasing an additional 538,787 shares during the last quarter.
Morgan Stanley China A Share Fund Stock Performance
Shares of NYSE:CAF opened at $11.38 on Monday. Morgan Stanley China A Share Fund, Inc. has a 1-year low of $11.24 and a 1-year high of $13.60. The company has a 50 day moving average price of $11.86 and a 200 day moving average price of $12.18.
Morgan Stanley China A Share Fund 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.
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