Public Employees Retirement System of Ohio Cuts Stock Holdings in Morgan Stanley China A Share Fund, Inc. $CAF

Public Employees Retirement System of Ohio reduced its stake in shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) by 55.9% during the first quarter, Holdings Channel reports. The institutional investor owned 333,222 shares of the investment management company’s stock after selling 422,690 shares during the quarter. Public Employees Retirement System of Ohio’s holdings in Morgan Stanley China A Share Fund were worth $5,831,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Fifth Third Bancorp purchased a new position in Morgan Stanley China A Share Fund in the 1st quarter worth approximately $39,000. Osaic Holdings Inc. boosted its position in Morgan Stanley China A Share Fund by 39.6% during the 2nd quarter. Osaic Holdings Inc. now owns 9,368 shares of the investment management company’s stock valued at $129,000 after buying an additional 2,658 shares during the period. Cresset Asset Management LLC grew its holdings in Morgan Stanley China A Share Fund by 10.4% in the 2nd quarter. Cresset Asset Management LLC now owns 11,040 shares of the investment management company’s stock worth $152,000 after acquiring an additional 1,040 shares during the last quarter. Susquehanna International Group LLP increased its position in shares of Morgan Stanley China A Share Fund by 17.7% in the third quarter. Susquehanna International Group LLP now owns 13,966 shares of the investment management company’s stock valued at $233,000 after acquiring an additional 2,105 shares during the period. Finally, Royal Bank of Canada increased its position in shares of Morgan Stanley China A Share Fund by 73.9% in the fourth quarter. Royal Bank of Canada now owns 24,802 shares of the investment management company’s stock valued at $430,000 after acquiring an additional 10,543 shares during the period.

Morgan Stanley China A Share Fund Stock Down 2.2%

Shares of NYSE:CAF opened at $19.60 on Wednesday. The company has a 50-day moving average price of $20.11 and a 200-day moving average price of $18.79. Morgan Stanley China A Share Fund, Inc. has a 12 month low of $13.71 and a 12 month high of $21.41.

Morgan Stanley China A Share Fund 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.