Morg Stan India (IIF) Major Shareholder Sells $862,364.38 in Stock

Morg Stan India (NYSE:IIF) major shareholder City Of London Investment Grou sold 23,549 shares of the stock in a transaction that occurred on Monday, October 16th. The shares were sold at an average price of $36.62, for a total value of $862,364.38. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Large shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

City Of London Investment Grou also recently made the following trade(s):

  • On Wednesday, October 25th, City Of London Investment Grou sold 32,499 shares of Morg Stan India stock. The shares were sold at an average price of $36.02, for a total value of $1,170,613.98.
  • On Friday, October 20th, City Of London Investment Grou sold 9,500 shares of Morg Stan India stock. The shares were sold at an average price of $35.94, for a total value of $341,430.00.
  • On Wednesday, October 18th, City Of London Investment Grou sold 10,120 shares of Morg Stan India stock. The shares were sold at an average price of $36.17, for a total value of $366,040.40.
  • On Wednesday, October 11th, City Of London Investment Grou sold 24,626 shares of Morg Stan India stock. The shares were sold at an average price of $35.74, for a total value of $880,133.24.
  • On Friday, August 25th, City Of London Investment Grou sold 5,731 shares of Morg Stan India stock. The shares were sold at an average price of $34.70, for a total value of $198,865.70.
  • On Friday, August 18th, City Of London Investment Grou sold 8,000 shares of Morg Stan India stock. The shares were sold at an average price of $34.61, for a total value of $276,880.00.
  • On Wednesday, July 26th, City Of London Investment Grou sold 74,997 shares of Morg Stan India stock. The shares were sold at an average price of $34.79, for a total value of $2,609,145.63.

Morg Stan India (IIF) traded up 0.53% during mid-day trading on Thursday, hitting $36.17. The stock had a trading volume of 43,613 shares. The firm’s 50-day moving average price is $35.49 and its 200-day moving average price is $34.21. Morg Stan India has a 1-year low of $23.30 and a 1-year high of $36.78.

COPYRIGHT VIOLATION NOTICE: “Morg Stan India (IIF) Major Shareholder Sells $862,364.38 in Stock” was first posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this article on another website, it was copied illegally and reposted in violation of United States and international copyright laws. The correct version of this article can be accessed at https://www.dispatchtribunal.com/2017/10/26/morg-stan-india-iif-major-shareholder-sells-862364-38-in-stock.html.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Benjamin F. Edwards & Company Inc. purchased a new position in shares of Morg Stan India in the 3rd quarter worth approximately $120,000. Wells Fargo & Company MN lifted its stake in Morg Stan India by 4.4% in the second quarter. Wells Fargo & Company MN now owns 4,713 shares of the company’s stock valued at $153,000 after purchasing an additional 200 shares during the last quarter. Advisor Group Inc. lifted its stake in Morg Stan India by 148.1% in the second quarter. Advisor Group Inc. now owns 10,191 shares of the company’s stock valued at $329,000 after purchasing an additional 6,084 shares during the last quarter. Royal Bank of Canada lifted its stake in Morg Stan India by 3.5% in the second quarter. Royal Bank of Canada now owns 27,796 shares of the company’s stock valued at $899,000 after purchasing an additional 937 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC lifted its stake in Morg Stan India by 0.8% in the second quarter. Blue Bell Private Wealth Management LLC now owns 37,226 shares of the company’s stock valued at $1,205,000 after purchasing an additional 300 shares during the last quarter. Hedge funds and other institutional investors own 42.40% of the company’s stock.

Morg Stan India Company Profile

Morgan Stanley India Investment Fund, Inc is a non-diversified, closed-end management investment company. The Fund may, but it is not required to, use derivative instruments for a variety of purposes, including hedging, risk management, portfolio management or to earn income. The Fund invests in a range of portfolio sectors, including auto components; automobiles; banks; capital markets; construction and engineering; construction materials; consumer finance; diversified financial services; electronic equipment, instruments and components; gas utilities; information technology services; machinery; media; personal products; oil, gas and consumable fuels; pharmaceuticals; tobacco; transportation infrastructure, and water utilities.

Insider Buying and Selling by Quarter for Morg Stan India (NYSE:IIF)

Receive News & Ratings for Morg Stan India Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Morg Stan India and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply