Choreo LLC Takes Position in The China Fund, Inc. (NYSE:CHN)

Choreo LLC purchased a new position in shares of The China Fund, Inc. (NYSE:CHN) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 38,249 shares of the investment management company’s stock, valued at approximately $389,000.

Several other hedge funds have also recently modified their holdings of CHN. City of London Investment Management Co. Ltd. grew its holdings in The China Fund by 2.2% during the third quarter. City of London Investment Management Co. Ltd. now owns 3,374,284 shares of the investment management company’s stock worth $35,666,000 after acquiring an additional 71,428 shares during the period. 1607 Capital Partners LLC increased its holdings in shares of The China Fund by 19.9% in the 3rd quarter. 1607 Capital Partners LLC now owns 315,128 shares of the investment management company’s stock valued at $3,331,000 after purchasing an additional 52,224 shares in the last quarter. Finally, Wolverine Asset Management LLC lifted its stake in shares of The China Fund by 466.0% in the third quarter. Wolverine Asset Management LLC now owns 27,976 shares of the investment management company’s stock valued at $296,000 after purchasing an additional 23,033 shares during the period.

The China Fund Price Performance

CHN stock opened at $11.12 on Friday. The company’s 50-day moving average price is $10.03 and its 200 day moving average price is $9.92. The China Fund, Inc. has a 52 week low of $9.00 and a 52 week high of $12.50.

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.