Wells Fargo & Company MN lessened its holdings in shares of Morgan Stanley Emerging Markets Fund Inc (NYSE:MSF) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 921,659 shares of the company’s stock after selling 8,827 shares during the period. Wells Fargo & Company MN owned about 6.53% of Morgan Stanley Emerging Markets Fund worth $16,489,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in the stock. Blue Bell Private Wealth Management LLC increased its holdings in Morgan Stanley Emerging Markets Fund by 16.0% during the 4th quarter. Blue Bell Private Wealth Management LLC now owns 24,966 shares of the company’s stock valued at $446,000 after purchasing an additional 3,442 shares during the period. Cambridge Investment Research Advisors Inc. purchased a new position in Morgan Stanley Emerging Markets Fund during the 3rd quarter valued at about $190,000. Raymond James Financial Services Advisors Inc. purchased a new position in Morgan Stanley Emerging Markets Fund during the 3rd quarter valued at about $569,000. Finally, Icon Advisers Inc. Co. increased its holdings in Morgan Stanley Emerging Markets Fund by 185.6% during the 3rd quarter. Icon Advisers Inc. Co. now owns 54,378 shares of the company’s stock valued at $945,000 after purchasing an additional 35,341 shares during the period. Institutional investors own 48.88% of the company’s stock.
In other news, major shareholder City Of London Investment Grou bought 9,735 shares of Morgan Stanley Emerging Markets Fund stock in a transaction on Wednesday, December 27th. The shares were purchased at an average price of $17.57 per share, for a total transaction of $171,043.95. The acquisition was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last 90 days, insiders have purchased 103,567 shares of company stock worth $1,894,280.
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Morgan Stanley Emerging Markets Fund Company Profile
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.
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