Shares of Morgan Stanley India Investment Fund, Inc. (NYSE:IIF - Get Free Report) fell 0.2% during trading on Friday . The company traded as low as $27.91 and last traded at $28.24. 9,827 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 42,806 shares. The stock had previously closed at $28.30.
Morgan Stanley India Investment Fund Stock Down 0.3%
The stock's 50 day simple moving average is $27.05 and its 200 day simple moving average is $25.27.
Hedge Funds Weigh In On Morgan Stanley India Investment Fund
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Elequin Capital LP purchased a new position in Morgan Stanley India Investment Fund in the 4th quarter worth approximately $54,000. Main Management LLC purchased a new position in Morgan Stanley India Investment Fund in the 4th quarter worth approximately $151,000. Maridea Wealth Management LLC purchased a new position in Morgan Stanley India Investment Fund in the 4th quarter worth approximately $226,000. Jones Financial Companies Lllp grew 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 buying an additional 2,331 shares in the last quarter. Finally, HighTower Advisors LLC grew 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 buying an additional 2,699 shares in the last quarter. Hedge funds and other institutional investors own 36.96% of the company's stock.
Morgan Stanley India Investment Fund Company Profile
(
Get 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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