City of London Investment Management Co. Ltd. Trims Stake in Morgan Stanley India Investment Fund, Inc. (NYSE:IIF)

City of London Investment Management Co. Ltd. lessened its stake in Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) by 23.1% during the 2nd quarter, HoldingsChannel reports. The firm owned 736,345 shares of the company’s stock after selling 221,300 shares during the quarter. Morgan Stanley India Investment Fund accounts for about 1.7% of City of London Investment Management Co. Ltd.’s investment portfolio, making the stock its 19th biggest holding. City of London Investment Management Co. Ltd.’s holdings in Morgan Stanley India Investment Fund were worth $19,697,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. 1607 Capital Partners LLC raised its position in shares of Morgan Stanley India Investment Fund by 8.5% in the fourth quarter. 1607 Capital Partners LLC now owns 139,406 shares of the company’s stock worth $2,993,000 after acquiring an additional 10,909 shares during the period. Quantedge Capital Pte Ltd boosted its position in Morgan Stanley India Investment Fund by 6.7% during the fourth quarter. Quantedge Capital Pte Ltd now owns 46,277 shares of the company’s stock worth $994,000 after purchasing an additional 2,900 shares in the last quarter. Karpus Management Inc. raised its stake in shares of Morgan Stanley India Investment Fund by 2.5% during the 4th quarter. Karpus Management Inc. now owns 316,323 shares of the company’s stock worth $6,791,000 after buying an additional 7,854 shares during the period. Blue Bell Private Wealth Management LLC increased its holdings in Morgan Stanley India Investment Fund by 11.6% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 5,906 shares of the company’s stock worth $135,000 after acquiring an additional 612 shares in the last quarter. Finally, Calamos Advisors LLC lifted its holdings in Morgan Stanley India Investment Fund by 46.5% during the second quarter. Calamos Advisors LLC now owns 13,878 shares of the company’s stock valued at $371,000 after purchasing an additional 4,402 shares in the last quarter. Institutional investors and hedge funds own 36.96% of the company’s stock.

Morgan Stanley India Investment Fund Stock Performance

IIF opened at $28.63 on Monday. Morgan Stanley India Investment Fund, Inc. has a twelve month low of $20.89 and a twelve month high of $28.68. The company has a 50-day moving average price of $27.27 and a 200 day moving average price of $25.13.

Morgan Stanley India Investment Fund Profile

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.