Wolverine Asset Management LLC acquired a new position in shares of Morgan Stanley India Investment Fund, Inc. (NYSE:IIF - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 16,593 shares of the company's stock, valued at approximately $419,000. Wolverine Asset Management LLC owned approximately 0.17% of Morgan Stanley India Investment Fund as of its most recent filing with the Securities and Exchange Commission.
Other large investors also recently modified their holdings of the company. Sanctuary Advisors LLC purchased a new stake in Morgan Stanley India Investment Fund in the 3rd quarter valued at $224,000. HighTower Advisors LLC purchased a new stake in Morgan Stanley India Investment Fund in the 3rd quarter valued at about $248,000. Stifel Financial Corp lifted its position in shares of Morgan Stanley India Investment Fund by 5.5% during the 3rd quarter. Stifel Financial Corp now owns 65,506 shares of the company's stock worth $1,970,000 after buying an additional 3,411 shares in the last quarter. Finally, Public Employees Retirement System of Ohio purchased a new position in shares of Morgan Stanley India Investment Fund in the 3rd quarter worth approximately $5,052,000. Institutional investors own 36.96% of the company's stock.
Morgan Stanley India Investment Fund Stock Performance
Shares of IIF stock traded up $0.02 during trading on Thursday, hitting $23.42. The company's stock had a trading volume of 61,006 shares, compared to its average volume of 48,874. The business has a fifty day moving average of $24.63 and a 200-day moving average of $26.94. Morgan Stanley India Investment Fund, Inc. has a 52 week low of $22.38 and a 52 week high of $30.41.
Morgan Stanley India Investment Fund Cuts Dividend
The business also recently declared a -- dividend, which was paid on Wednesday, January 15th. Investors of record on Friday, December 13th were given a dividend of $2.6969 per share. The ex-dividend date of this dividend was Friday, December 13th.
Morgan Stanley India Investment Fund Company 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.
Featured Stories
Before you consider Morgan Stanley India Investment Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Morgan Stanley India Investment Fund wasn't on the list.
While Morgan Stanley India Investment Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
