Raymond James Financial Inc. Buys New Stake in Morgan Stanley China A Share Fund, Inc. (NYSE:CAF)

Raymond James Financial Inc. bought a new stake in shares of Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) during the 4th quarter, Holdings Channel.com reports. The firm bought 11,058 shares of the investment management company’s stock, valued at approximately $138,000.

Several other hedge funds and other institutional investors have also made changes to their positions in CAF. Dakota Wealth Management lifted its holdings in Morgan Stanley China A Share Fund by 4.2% in the 4th quarter. Dakota Wealth Management now owns 20,614 shares of the investment management company’s stock worth $257,000 after buying an additional 840 shares in the last quarter. Calamos Advisors LLC acquired a new position in Morgan Stanley China A Share Fund in the 4th quarter worth $140,000. Finally, Wolverine Asset Management LLC lifted its holdings in Morgan Stanley China A Share Fund by 88.2% in the 4th quarter. Wolverine Asset Management LLC now owns 83,378 shares of the investment management company’s stock worth $1,039,000 after buying an additional 39,075 shares in the last quarter.

Morgan Stanley China A Share Fund Trading Down 0.1%

Shares of CAF stock opened at $13.19 on Wednesday. Morgan Stanley China A Share Fund, Inc. has a 12 month low of $11.00 and a 12 month high of $16.11. The company’s fifty day moving average price is $12.72 and its two-hundred day moving average price is $12.67.

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.