Public Employees Retirement System of Ohio Acquires Shares of 73,672 Morgan Stanley India Investment Fund, Inc. $IIF

Key Points

• Public Employees Retirement System of Ohio acquired 73,672 shares of Morgan Stanley India Investment Fund during the second quarter, valued at approximately $1.68 million and representing about 0.78% of the fund.
• Several other institutional investors increased their positions, and hedge funds and other institutions collectively owned 36.96% of IIF.
• IIF opened at $23.07, near its 50-day moving average of $23.00, with a 52-week trading range of $19.83 to $27.99. The closed-end fund seeks long-term capital appreciation through investments in Indian equities.

Public Employees Retirement System of Ohio bought a new position in Morgan Stanley India Investment Fund, Inc. (NYSE:IIF - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 73,672 shares of the company's stock, valued at approximately $1,681,000. Public Employees Retirement System of Ohio owned approximately 0.78% of Morgan Stanley India Investment Fund at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of IIF. Lazard Asset Management LLC increased its holdings in shares of Morgan Stanley India Investment Fund by 0.3% during the fourth quarter. Lazard Asset Management LLC now owns 772,654 shares of the company's stock valued at $19,301,000 after acquiring an additional 2,391 shares in the last quarter. UBS Group AG boosted its stake in Morgan Stanley India Investment Fund by 3.9% in the 3rd quarter. UBS Group AG now owns 164,089 shares of the company's stock worth $4,324,000 after purchasing an additional 6,117 shares in the last quarter. Evergreen Capital Management LLC boosted its stake in Morgan Stanley India Investment Fund by 9.5% in the 2nd quarter. Evergreen Capital Management LLC now owns 112,153 shares of the company's stock worth $3,166,000 after purchasing an additional 9,706 shares in the last quarter. Stifel Financial Corp grew its position in Morgan Stanley India Investment Fund by 8.1% during the 4th quarter. Stifel Financial Corp now owns 94,630 shares of the company's stock valued at $2,364,000 after purchasing an additional 7,094 shares during the last quarter. Finally, Verition Fund Management LLC grew its position in Morgan Stanley India Investment Fund by 14.4% during the 3rd quarter. Verition Fund Management LLC now owns 80,643 shares of the company's stock valued at $2,125,000 after purchasing an additional 10,146 shares during the last quarter. 36.96% of the stock is owned by hedge funds and other institutional investors.

Morgan Stanley India Investment Fund Stock Performance

NYSE:IIF opened at $23.07 on Tuesday. Morgan Stanley India Investment Fund, Inc. has a fifty-two week low of $19.83 and a fifty-two week high of $27.99. The firm has a 50-day simple moving average of $23.00 and a two-hundred day simple moving average of $22.38.

About Morgan Stanley India Investment Fund

Morgan Stanley India Investment Fund NYSE: IIF is a closed-end investment company sponsored by Morgan Stanley Investment Management and listed on the New York Stock Exchange. Incepted in December 1994, the fund provides U.S. investors with a dedicated vehicle for exposure to the securities of Indian companies. As a closed-end fund, it issues a fixed number of shares that trade on the NYSE, offering liquidity and the potential for share price discovery in addition to underlying net asset value.

The fund’s primary objective is long-term capital appreciation through investments in equity securities of Indian issuers.

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