Shares of Morgan Stanley India Investment Fund, Inc. (NYSE:IIF – Get Free Report) traded up 0.1% on Tuesday. The company traded as high as $21.95 and last traded at $21.7580. 2,857 shares were traded during trading, a decline of 84% from the average session volume of 17,872 shares. The stock had previously closed at $21.74.
Morgan Stanley India Investment Fund Stock Performance
The firm has a 50 day moving average price of $21.96 and a 200-day moving average price of $22.43.
Institutional Trading of Morgan Stanley India Investment Fund
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. City of London Investment Management Co. Ltd. lifted its position in Morgan Stanley India Investment Fund by 17.0% during the 3rd quarter. City of London Investment Management Co. Ltd. now owns 1,219,023 shares of the company’s stock valued at $26,197,000 after purchasing an additional 177,299 shares during the period. Public Employees Retirement System of Ohio bought a new position in shares of Morgan Stanley India Investment Fund in the 2nd quarter valued at about $1,681,000. Altium Capital Management LLC grew its position in shares of Morgan Stanley India Investment Fund by 170.6% during the 1st quarter. Altium Capital Management LLC now owns 79,031 shares of the company’s stock worth $1,626,000 after buying an additional 49,821 shares during the period. Financial Solutions Advisory Group Inc. acquired a new stake in shares of Morgan Stanley India Investment Fund during the 1st quarter worth approximately $325,000. Finally, Gould Asset Management LLC CA acquired a new stake in shares of Morgan Stanley India Investment Fund during the 2nd quarter worth approximately $311,000. 36.96% of the stock is owned by institutional investors.
About Morgan Stanley India Investment Fund
Morgan Stanley India Investment Fund, Inc is a closed-end investment company that seeks long-term capital appreciation by investing primarily in equity securities of companies located in, or deriving a significant portion of their business from, India. The fund provides investors with access to India-focused portfolio exposure through a professionally managed investment vehicle.
The fund generally invests across a range of Indian industries and may hold securities issued by companies of different sizes and sectors.
Further Reading
- Five stocks we like better than Morgan Stanley India Investment Fund
- Marriott’s Earnings Beat Shows Why It’s More Than a Bet on Travel Demand
- Franklin Templeton’s New ETFs Turn Stock Dividends Into Bitcoin—What’s the Catch?
- Apple’s Earnings Beat Comes With a Catch for Investors Heading Into the Holidays
- Palantir’s $2.3 Billion Quarter Puts Its Premium Valuation to the Test
Receive News & Ratings for Morgan Stanley India Investment Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morgan Stanley India Investment Fund and related companies with MarketBeat.com's FREE daily email newsletter.
