Saba Capital Management L.P. lifted its stake in Morgan Stanley India Investment Fund, Inc. (NYSE:IIF - Free Report) by 9.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 741,531 shares of the company's stock after buying an additional 65,828 shares during the period. Saba Capital Management L.P. owned about 7.57% of Morgan Stanley India Investment Fund worth $18,738,000 at the end of the most recent reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Main Management LLC bought a new stake in shares of Morgan Stanley India Investment Fund in the 4th quarter worth approximately $151,000. Blue Bell Private Wealth Management LLC grew its stake in shares of Morgan Stanley India Investment Fund by 30.6% in the 4th quarter. Blue Bell Private Wealth Management LLC now owns 7,683 shares of the company's stock valued at $194,000 after purchasing an additional 1,800 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of Morgan Stanley India Investment Fund by 10.9% in the 4th quarter. Sanctuary Advisors LLC now owns 8,904 shares of the company's stock worth $216,000 after buying an additional 872 shares in the last quarter. Maridea Wealth Management LLC bought a new position in shares of Morgan Stanley India Investment Fund during the 4th quarter worth approximately $226,000. Finally, Jones Financial Companies Lllp boosted 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 valued at $253,000 after buying an additional 2,331 shares in the last quarter. 36.96% of the stock is owned by institutional investors and hedge funds.
Morgan Stanley India Investment Fund Stock Performance
NYSE:IIF traded down $0.23 during trading hours on Thursday, reaching $26.27. The company had a trading volume of 4,859 shares, compared to its average volume of 43,869. The stock has a 50-day moving average of $25.02 and a two-hundred day moving average of $25.41. Morgan Stanley India Investment Fund, Inc. has a one year low of $22.20 and a one year high of $30.41.
Morgan Stanley India Investment Fund 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.
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