City Of London Investment Grou Purchases 10,400 Shares of Morgan Stanley Emerging Markets Fund Inc (MSF) Stock

Morgan Stanley Emerging Markets Fund Inc (NYSE:MSF) major shareholder City Of London Investment Grou purchased 10,400 shares of the firm’s stock in a transaction on Tuesday, January 16th. The shares were acquired at an average cost of $18.88 per share, for a total transaction of $196,352.00. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Large shareholders that own 10% or more of a company’s shares are required to disclose their transactions with the SEC.

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

  • On Friday, January 5th, City Of London Investment Grou purchased 6,700 shares of Morgan Stanley Emerging Markets Fund stock. The shares were acquired at an average cost of $18.55 per share, for a total transaction of $124,285.00.
  • On Wednesday, January 3rd, City Of London Investment Grou purchased 53,501 shares of Morgan Stanley Emerging Markets Fund stock. The shares were acquired at an average cost of $18.27 per share, for a total transaction of $977,463.27.
  • On Friday, December 29th, City Of London Investment Grou purchased 17,031 shares of Morgan Stanley Emerging Markets Fund stock. The shares were acquired at an average cost of $17.86 per share, for a total transaction of $304,173.66.
  • On Wednesday, December 27th, City Of London Investment Grou purchased 9,735 shares of Morgan Stanley Emerging Markets Fund stock. The shares were acquired at an average cost of $17.57 per share, for a total transaction of $171,043.95.
  • On Friday, December 1st, City Of London Investment Grou purchased 5,185 shares of Morgan Stanley Emerging Markets Fund stock. The shares were acquired at an average cost of $17.32 per share, for a total transaction of $89,804.20.
  • On Tuesday, November 28th, City Of London Investment Grou purchased 10,000 shares of Morgan Stanley Emerging Markets Fund stock. The shares were acquired at an average cost of $17.56 per share, for a total transaction of $175,600.00.
  • On Tuesday, November 7th, City Of London Investment Grou purchased 33,268 shares of Morgan Stanley Emerging Markets Fund stock. The shares were acquired at an average cost of $17.52 per share, for a total transaction of $582,855.36.
  • On Wednesday, November 1st, City Of London Investment Grou bought 30,000 shares of Morgan Stanley Emerging Markets Fund stock. The stock was purchased at an average cost of $17.51 per share, for a total transaction of $525,300.00.

Shares of Morgan Stanley Emerging Markets Fund Inc (MSF) traded up $0.12 during mid-day trading on Wednesday, hitting $19.05. The stock had a trading volume of 20,370 shares, compared to its average volume of 30,874. Morgan Stanley Emerging Markets Fund Inc has a 1 year low of $13.69 and a 1 year high of $19.08.

The company also recently announced a semiannual dividend, which was paid on Wednesday, January 10th. Stockholders of record on Friday, December 22nd were issued a $0.0322 dividend. The ex-dividend date was Thursday, December 21st. This represents a dividend yield of 0.37%.

Hedge funds have recently modified their holdings of the company. Icon Advisers Inc. Co. increased its holdings in shares of Morgan Stanley Emerging Markets Fund by 185.6% in the third quarter. Icon Advisers Inc. Co. now owns 54,378 shares of the company’s stock worth $945,000 after purchasing an additional 35,341 shares during the last quarter. Raymond James Financial Services Advisors Inc. bought a new stake in shares of Morgan Stanley Emerging Markets Fund in the third quarter worth about $569,000. Finally, Cambridge Investment Research Advisors Inc. bought a new stake in shares of Morgan Stanley Emerging Markets Fund in the third quarter worth about $190,000. 47.37% of the stock is currently owned by hedge funds and other institutional investors.

ILLEGAL ACTIVITY WARNING: “City Of London Investment Grou Purchases 10,400 Shares of Morgan Stanley Emerging Markets Fund Inc (MSF) Stock” was originally posted by American Banking News and is the property of of American Banking News. If you are reading this report on another site, it was stolen and republished in violation of United States & international copyright legislation. The legal version of this report can be viewed at https://www.americanbankingnews.com/2018/01/17/city-of-london-investment-grou-purchases-10400-shares-of-morgan-stanley-emerging-markets-fund-inc-msf-stock.html.

About Morgan Stanley Emerging Markets Fund

The Morgan Stanley Emerging Markets Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investments primarily in emerging country equity securities. It invests in various sectors, such as banks; insurance; diversified telecommunication services; food and staples retailing; food products; Internet software and services; oil, gas and consumable fuels; automobiles; beverages; construction and engineering; hotels, restaurants and leisure; independent power producers and energy traders; Internet and catalog retail; machinery; pharmaceuticals, real estate management and development; textiles, apparel and luxury goods; transportation infrastructure, and wireless telecommunication services.

Insider Buying and Selling by Quarter for Morgan Stanley Emerging Markets Fund (NYSE:MSF)

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

Leave a Reply