Public Employees Retirement System of Ohio Acquires Shares of 456,219 The China Fund, Inc. (NYSE:CHN)

Public Employees Retirement System of Ohio bought a new position in The China Fund, Inc. (NYSE:CHN) during the third quarter, HoldingsChannel.com reports. The fund bought 456,219 shares of the investment management company’s stock, valued at approximately $5,812,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Allspring Global Investments Holdings LLC boosted its stake in The China Fund by 0.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 1,030,382 shares of the investment management company’s stock worth $10,427,000 after purchasing an additional 7,307 shares in the last quarter. Shaker Financial Services LLC raised its holdings in The China Fund by 45.4% in the second quarter. Shaker Financial Services LLC now owns 75,695 shares of the investment management company’s stock worth $766,000 after buying an additional 23,626 shares during the last quarter. Finally, Wolverine Asset Management LLC purchased a new position in The China Fund in the second quarter worth about $390,000.

The China Fund Trading Down 2.0 %

NYSE:CHN opened at $12.23 on Friday. The company’s 50 day moving average price is $12.44 and its 200-day moving average price is $11.04. The China Fund, Inc. has a 52 week low of $9.00 and a 52 week high of $14.74.

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.