Almitas Capital LLC boosted its position in Morgan Stanley India Investment Fund, Inc. (NYSE:IIF - Free Report) by 21.3% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,744 shares of the company's stock after buying an additional 18,424 shares during the period. Morgan Stanley India Investment Fund makes up approximately 0.8% of Almitas Capital LLC's portfolio, making the stock its 25th biggest position. Almitas Capital LLC owned approximately 1.10% of Morgan Stanley India Investment Fund worth $2,555,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Samalin Investment Counsel LLC increased its holdings in Morgan Stanley India Investment Fund by 9.7% during the 1st quarter. Samalin Investment Counsel LLC now owns 14,022 shares of the company's stock worth $342,000 after purchasing an additional 1,237 shares in the last quarter. Elequin Capital LP bought a new stake in Morgan Stanley India Investment Fund during the 4th quarter worth approximately $54,000. Bank of America Corp DE increased its holdings in Morgan Stanley India Investment Fund by 3.8% during the 4th quarter. Bank of America Corp DE now owns 110,250 shares of the company's stock worth $2,786,000 after purchasing an additional 4,028 shares in the last quarter. Royal Bank of Canada increased its holdings in Morgan Stanley India Investment Fund by 28.4% during the 1st quarter. Royal Bank of Canada now owns 28,538 shares of the company's stock worth $696,000 after purchasing an additional 6,320 shares in the last quarter. Finally, Stifel Financial Corp boosted its stake in shares of 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 buying an additional 7,783 shares during the last quarter. 36.96% of the stock is owned by institutional investors.
Morgan Stanley India Investment Fund Price Performance
Shares of NYSE IIF traded up $0.70 during midday trading on Monday, reaching $27.36. The company's stock had a trading volume of 4,869 shares, compared to its average volume of 37,884. Morgan Stanley India Investment Fund, Inc. has a 12-month low of $22.20 and a 12-month high of $30.41. The firm has a 50 day moving average price of $27.35 and a 200-day moving average price of $26.05.
Morgan Stanley India Investment Fund Profile
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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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