Morgan Stanley China A Share Fund (NYSE:CAF) Stock Crosses Below 200-Day Moving Average – Should You Sell?

Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.79 and traded as low as $11.95. Morgan Stanley China A Share Fund shares last traded at $12.19, with a volume of 96,495 shares trading hands.

Morgan Stanley China A Share Fund Stock Performance

The business has a 50-day moving average price of $12.81 and a 200 day moving average price of $12.80.

Hedge Funds Weigh In On Morgan Stanley China A Share Fund

Several large investors have recently modified their holdings of CAF. Public Employees Retirement System of Ohio bought a new position in Morgan Stanley China A Share Fund in the 3rd quarter worth approximately $9,304,000. Wolverine Asset Management LLC boosted its holdings in shares of Morgan Stanley China A Share Fund by 88.2% in the fourth quarter. Wolverine Asset Management LLC now owns 83,378 shares of the investment management company’s stock worth $1,039,000 after acquiring an additional 39,075 shares during the period. Cohen & Steers Inc. bought a new position in shares of Morgan Stanley China A Share Fund in the fourth quarter worth $336,000. Stifel Financial Corp purchased a new position in shares of Morgan Stanley China A Share Fund in the fourth quarter valued at $320,000. Finally, Calamos Advisors LLC purchased a new stake in Morgan Stanley China A Share Fund during the 4th quarter worth about $140,000.

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.