Morgan Stanley Emerging Markets Fund, Inc. (MSF) Major Shareholder City Of London Investment Grou Sells 15,000 Shares
Morgan Stanley Emerging Markets Fund, Inc. (NYSE:MSF) major shareholder City Of London Investment Grou sold 15,000 shares of the firm’s stock in a transaction dated Friday, August 11th. The stock was sold at an average price of $16.41, for a total value of $246,150.00. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Major shareholders that own at least 10% of a company’s stock are required to disclose their sales and purchases with the SEC.
Shares of Morgan Stanley Emerging Markets Fund, Inc. (NYSE:MSF) opened at 16.66 on Wednesday. The company’s 50 day moving average price is $16.67 and its 200-day moving average price is $15.53. Morgan Stanley Emerging Markets Fund, Inc. has a 12 month low of $12.67 and a 12 month high of $17.19.
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.
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