Penserra Capital Management LLC bought a new position in shares of Morgan Stanley India Investment Fund, Inc. (NYSE:IIF - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 131,339 shares of the company's stock, valued at approximately $3,203,000. Penserra Capital Management LLC owned approximately 1.34% of Morgan Stanley India Investment Fund at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently modified their holdings of IIF. Elequin Capital LP acquired a new stake in Morgan Stanley India Investment Fund in the fourth quarter worth about $54,000. Maridea Wealth Management LLC acquired a new stake in Morgan Stanley India Investment Fund in the fourth quarter worth about $226,000. Jones Financial Companies Lllp boosted its stake in Morgan Stanley India Investment Fund by 30.4% in the 4th quarter. Jones Financial Companies Lllp now owns 10,000 shares of the company's stock worth $253,000 after purchasing an additional 2,331 shares in the last quarter. HighTower Advisors LLC boosted its stake in Morgan Stanley India Investment Fund by 32.8% in the 4th quarter. HighTower Advisors LLC now owns 10,929 shares of the company's stock worth $276,000 after purchasing an additional 2,699 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in Morgan Stanley India Investment Fund by 11.9% in the 4th quarter. Stifel Financial Corp now owns 73,289 shares of the company's stock worth $1,852,000 after purchasing an additional 7,783 shares in the last quarter. 36.96% of the stock is currently owned by institutional investors.
Morgan Stanley India Investment Fund Stock Down 0.8%
IIF stock traded down $0.23 during trading on Friday, reaching $27.80. The company had a trading volume of 11,547 shares, compared to its average volume of 41,969. Morgan Stanley India Investment Fund, Inc. has a twelve month low of $22.20 and a twelve month high of $30.41. The firm has a 50-day simple moving average of $27.19 and a 200-day simple moving average of $25.34.
About Morgan Stanley India Investment Fund
(
Free Report)
Morgan Stanley India Investment Fund, Inc is a closed ended equity mutual fund launched and managed by Morgan Stanley Investment Management Inc The fund is co-managed by Morgan Stanley Investment Management Company. It invests in the public equity markets of India. The fund invests in stocks of companies operating across diversified sectors.
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