Allspring Global Investments Holdings LLC lowered its holdings in Morgan Stanley India Investment Fund, Inc. (NYSE:IIF - Free Report) by 18.1% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 265,528 shares of the company's stock after selling 58,865 shares during the quarter. Allspring Global Investments Holdings LLC owned 2.71% of Morgan Stanley India Investment Fund worth $6,476,000 as of its most recent SEC filing.
Other hedge funds also recently bought and sold shares of the company. Elequin Capital LP acquired a new stake in shares of Morgan Stanley India Investment Fund during the fourth quarter worth about $54,000. Main Management LLC acquired a new position in Morgan Stanley India Investment Fund in the fourth quarter valued at $151,000. Blue Bell Private Wealth Management LLC grew its stake in Morgan Stanley India Investment Fund by 30.6% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 7,683 shares of the company's stock worth $194,000 after buying an additional 1,800 shares during the last quarter. Maridea Wealth Management LLC purchased a new stake in Morgan Stanley India Investment Fund in the 4th quarter valued at $226,000. Finally, Jones Financial Companies Lllp lifted its position in Morgan Stanley India Investment Fund by 30.4% during the 4th quarter. Jones Financial Companies Lllp now owns 10,000 shares of the company's stock worth $253,000 after acquiring an additional 2,331 shares during the period. Hedge funds and other institutional investors own 36.96% of the company's stock.
Morgan Stanley India Investment Fund Price Performance
Morgan Stanley India Investment Fund stock traded down $0.09 during midday trading on Monday, reaching $28.15. The company's stock had a trading volume of 6,297 shares, compared to its average volume of 42,692. Morgan Stanley India Investment Fund, Inc. has a fifty-two week low of $22.20 and a fifty-two week high of $30.41. The stock's 50 day simple moving average is $27.00 and its 200 day simple moving average is $25.25.
Morgan Stanley India Investment Fund Company Profile
(
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.
See Also
Before you consider Morgan Stanley India Investment Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Morgan Stanley India Investment Fund wasn't on the list.
While Morgan Stanley India Investment Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
