Morgan Stanley India Investment Fund, Inc. $IIF Shares Sold by Allspring Global Investments Holdings LLC

Key Points

• Allspring Global Investments Holdings LLC has reduced its stake in Morgan Stanley India Investment Fund by 24.5%, owning 200,444 shares after selling 65,084 shares in the second quarter.
• Several institutional investors have recently increased their holdings, with Royal Bank of Canada raising its stake by 28.4%, now owning 28,538 shares valued at $696,000.
• The stock of Morgan Stanley India Investment Fund is currently trading at $27.37, with a fifty-two week range between $22.20 and $29.79.

Allspring Global Investments Holdings LLC lessened its stake in Morgan Stanley India Investment Fund, Inc. (NYSE:IIF - Free Report) by 24.5% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 200,444 shares of the company's stock after selling 65,084 shares during the period. Allspring Global Investments Holdings LLC owned about 2.10% of Morgan Stanley India Investment Fund worth $5,659,000 at the end of the most recent quarter.

Other institutional investors have also recently 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% in the 1st quarter. Samalin Investment Counsel LLC now owns 14,022 shares of the company's stock valued at $342,000 after purchasing an additional 1,237 shares during the last quarter. Royal Bank of Canada increased its holdings in Morgan Stanley India Investment Fund by 28.4% in the 1st quarter. Royal Bank of Canada now owns 28,538 shares of the company's stock valued at $696,000 after purchasing an additional 6,320 shares during the last quarter. Strs Ohio acquired a new stake in Morgan Stanley India Investment Fund in the 1st quarter valued at approximately $1,335,000. Evergreen Capital Management LLC acquired a new stake in Morgan Stanley India Investment Fund in the 1st quarter valued at approximately $2,499,000. Finally, Almitas Capital LLC increased its holdings in Morgan Stanley India Investment Fund by 21.3% in the 1st quarter. Almitas Capital LLC now owns 104,744 shares of the company's stock valued at $2,555,000 after purchasing an additional 18,424 shares during the last quarter. Institutional investors and hedge funds own 36.96% of the company's stock.

Morgan Stanley India Investment Fund Trading Up 0.8%

Morgan Stanley India Investment Fund stock opened at $27.37 on Tuesday. Morgan Stanley India Investment Fund, Inc. has a fifty-two week low of $22.20 and a fifty-two week high of $29.79. The firm has a 50 day moving average price of $26.91 and a 200 day moving average price of $26.75.

About Morgan Stanley India Investment Fund

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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