First Trust Advisors LP Takes Position in Morgan Stanley China A Share Fund, Inc. (CAF)
First Trust Advisors LP purchased a new stake in shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 17,203 shares of the investment management company’s stock, valued at approximately $385,000.
Shares of Morgan Stanley China A Share Fund, Inc. (NYSE CAF) opened at 23.19 on Thursday. The company’s 50 day moving average price is $22.46 and its 200-day moving average price is $21.07. Morgan Stanley China A Share Fund, Inc. has a 12 month low of $16.94 and a 12 month high of $24.70.
Morgan Stanley China A Share Fund Company Profile
The Morgan Stanley China A Share Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek capital growth by investing, under normal circumstances, approximately 80% of its assets in A-shares of Chinese companies listed on the Shanghai and Shenzhen Stock Exchanges.
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