Shares of The China Fund, Inc. (NYSE:CHN – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $9.91 and traded as high as $10.16. The China Fund shares last traded at $10.13, with a volume of 6,023 shares changing hands.
The China Fund Price Performance
The company’s 50-day simple moving average is $9.89 and its 200 day simple moving average is $9.91.
Institutional Investors Weigh In On The China Fund
Several institutional investors have recently modified their holdings of the company. Able Wealth Management LLC purchased a new stake in shares of The China Fund during the 4th quarter worth $32,000. Karpus Management Inc. lifted its position in shares of The China Fund by 41.2% during the 4th quarter. Karpus Management Inc. now owns 84,791 shares of the investment management company’s stock worth $861,000 after purchasing an additional 24,751 shares during the last quarter. 1607 Capital Partners LLC lifted its position in shares of The China Fund by 6.8% during the 4th quarter. 1607 Capital Partners LLC now owns 336,422 shares of the investment management company’s stock worth $3,418,000 after purchasing an additional 21,294 shares during the last quarter. City of London Investment Management Co. Ltd. lifted its position in shares of The China Fund by 5.8% during the 4th quarter. City of London Investment Management Co. Ltd. now owns 3,571,599 shares of the investment management company’s stock worth $36,287,000 after purchasing an additional 197,315 shares during the last quarter. Finally, Choreo LLC purchased a new stake in shares of The China Fund during the 4th quarter worth $389,000.
The China Fund Company Profile
The China Fund, Inc is a closed ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. It invests in the public equity markets of China that includes the People's Republic of China, Hong Kong, and Taiwan. The fund invests in stocks of companies operating across diversified sectors.
See Also
- Five stocks we like better than The China Fund
- Pros And Cons Of Monthly Dividend Stocks
- High-Yield Texas Instruments Could Hit New Highs Soon
- What Makes a Stock a Good Dividend Stock?
- Pagaya Technologies: An AI Fintech That Insiders Are Buying
- What is the Dogs of the Dow Strategy? Overview and Examples
- Higher Oil Prices Could Give NextEra’s Stock Earnings a Boost
Receive News & Ratings for The China Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The China Fund and related companies with MarketBeat.com's FREE daily email newsletter.
