Altium Capital Management LLC Buys New Position in Morgan Stanley India Investment Fund, Inc. $IIF

Altium Capital Management LLC bought a new stake in shares of Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 29,210 shares of the company’s stock, valued at approximately $730,000. Morgan Stanley India Investment Fund makes up 2.9% of Altium Capital Management LLC’s holdings, making the stock its 15th biggest position.

A number of other large investors have also recently added to or reduced their stakes in the business. SeaCrest Wealth Management LLC boosted its holdings in Morgan Stanley India Investment Fund by 11.5% during the fourth quarter. SeaCrest Wealth Management LLC now owns 8,700 shares of the company’s stock worth $218,000 after buying an additional 900 shares in the last quarter. Maridea Wealth Management LLC boosted its holdings in Morgan Stanley India Investment Fund by 13.4% during the third quarter. Maridea Wealth Management LLC now owns 10,561 shares of the company’s stock worth $290,000 after buying an additional 1,247 shares in the last quarter. Osaic Holdings Inc. boosted its holdings in Morgan Stanley India Investment Fund by 203.7% during the second quarter. Osaic Holdings Inc. now owns 2,032 shares of the company’s stock worth $57,000 after buying an additional 1,363 shares in the last quarter. Raymond James Financial Inc. bought a new stake in Morgan Stanley India Investment Fund during the second quarter worth approximately $46,000. Finally, Calamos Advisors LLC boosted its holdings in Morgan Stanley India Investment Fund by 32.2% during the fourth quarter. Calamos Advisors LLC now owns 14,278 shares of the company’s stock worth $357,000 after buying an additional 3,474 shares in the last quarter. 36.96% of the stock is currently owned by institutional investors.

Morgan Stanley India Investment Fund Stock Performance

Shares of NYSE:IIF opened at $21.54 on Thursday. Morgan Stanley India Investment Fund, Inc. has a 1-year low of $19.83 and a 1-year high of $28.37. The company has a 50 day moving average price of $21.67 and a 200 day moving average price of $23.99.

Morgan Stanley India Investment Fund Profile

Morgan Stanley India Investment Fund (NYSE:IIF) is a closed-end investment company sponsored by Morgan Stanley Investment Management and listed on the New York Stock Exchange. Incepted in December 1994, the fund provides U.S. investors with a dedicated vehicle for exposure to the securities of Indian companies. As a closed-end fund, it issues a fixed number of shares that trade on the NYSE, offering liquidity and the potential for share price discovery in addition to underlying net asset value.

The fund’s primary objective is long-term capital appreciation through investments in equity securities of Indian issuers.