Yakira Capital Management Inc. Trims Stake in Morgan Stanley India Investment Fund Inc (NYSE:IIF)

Yakira Capital Management Inc. lessened its holdings in Morgan Stanley India Investment Fund Inc (NYSE:IIF) by 21.5% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 62,977 shares of the company’s stock after selling 17,200 shares during the quarter. Yakira Capital Management Inc. owned 0.45% of Morgan Stanley India Investment Fund worth $1,316,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Evergreen Capital Management LLC increased its position in shares of Morgan Stanley India Investment Fund by 5.2% in the first quarter. Evergreen Capital Management LLC now owns 20,345 shares of the company’s stock valued at $425,000 after acquiring an additional 1,000 shares during the period. MML Investors Services LLC increased its position in shares of Morgan Stanley India Investment Fund by 7.2% in the fourth quarter. MML Investors Services LLC now owns 37,177 shares of the company’s stock valued at $745,000 after acquiring an additional 2,483 shares during the period. Bank of America Corp DE increased its position in shares of Morgan Stanley India Investment Fund by 18.5% in the fourth quarter. Bank of America Corp DE now owns 26,858 shares of the company’s stock valued at $539,000 after acquiring an additional 4,188 shares during the period. Gould Asset Management LLC CA purchased a new position in shares of Morgan Stanley India Investment Fund in the fourth quarter valued at about $204,000. Finally, Point View Wealth Management Inc. purchased a new position in shares of Morgan Stanley India Investment Fund in the fourth quarter valued at about $212,000. Institutional investors own 33.62% of the company’s stock.

Shares of IIF stock traded down $0.13 during mid-day trading on Friday, reaching $20.97. The stock had a trading volume of 27,400 shares, compared to its average volume of 31,623. The company has a 50-day moving average price of $20.75. Morgan Stanley India Investment Fund Inc has a 52-week low of $18.44 and a 52-week high of $28.00.

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.

Further Reading: QQQ ETF

Institutional Ownership by Quarter for Morgan Stanley India Investment Fund (NYSE:IIF)

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