Morgan Stanley India Investment Fund, Inc. (NYSE:IIF - Get Free Report)'s share price fell 1.6% during mid-day trading on Monday . The stock traded as low as $24.46 and last traded at $24.49. 48,995 shares were traded during mid-day trading, a decline of 14% from the average session volume of 57,234 shares. The stock had previously closed at $24.89.
Morgan Stanley India Investment Fund Stock Down 2.3 %
The company has a fifty day moving average price of $25.42 and a two-hundred day moving average price of $27.14.
Morgan Stanley India Investment Fund Cuts Dividend
The company also recently announced a -- dividend, which was paid on Wednesday, January 15th. Shareholders of record on Friday, December 13th were issued a $2.6969 dividend. The ex-dividend date of this dividend was Friday, December 13th.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the business. Blue Bell Private Wealth Management LLC increased its stake in shares of Morgan Stanley India Investment Fund by 30.6% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 7,683 shares of the company's stock worth $194,000 after acquiring an additional 1,800 shares during the last quarter. Sanctuary Advisors LLC boosted its holdings in Morgan Stanley India Investment Fund by 10.9% in the fourth quarter. Sanctuary Advisors LLC now owns 8,904 shares of the company's stock worth $216,000 after purchasing an additional 872 shares in the last quarter. Maridea Wealth Management LLC acquired a new stake in shares of Morgan Stanley India Investment Fund in the fourth quarter worth about $226,000. HighTower Advisors LLC bought a new stake in shares of Morgan Stanley India Investment Fund during the 3rd quarter worth about $248,000. Finally, Jones Financial Companies Lllp boosted its stake in shares of Morgan Stanley India Investment Fund by 30.4% during the 4th quarter. Jones Financial Companies Lllp now owns 10,000 shares of the company's stock worth $253,000 after acquiring an additional 2,331 shares in the last quarter. 36.96% of the stock is owned by institutional investors and hedge funds.
About Morgan Stanley India Investment Fund
(
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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