Bronfman E.L. Rothschild L.P. boosted its stake in shares of INDIA FUND INC (NYSE:IFN) by 1,077.9% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,946 shares of the investment management company’s stock after purchasing an additional 3,611 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in INDIA FUND INC were worth $106,000 at the end of the most recent reporting period.
Separately, Blue Bell Private Wealth Management LLC lifted its position in INDIA FUND INC by 66.5% during the second quarter. Blue Bell Private Wealth Management LLC now owns 7,088 shares of the investment management company’s stock valued at $191,000 after purchasing an additional 2,830 shares during the period. 20.65% of the stock is currently owned by institutional investors and hedge funds.
In other INDIA FUND INC news, Director Stephane Henry sold 1,007 shares of the business’s stock in a transaction that occurred on Tuesday, June 27th. The shares were sold at an average price of $27.32, for a total transaction of $27,511.24. The transaction was disclosed in a filing with the SEC, which is available at this link.
INDIA FUND INC (IFN) opened at 27.58 on Friday. The company’s 50-day moving average is $27.92 and its 200-day moving average is $26.56. INDIA FUND INC has a 12 month low of $20.39 and a 12 month high of $28.81.
INDIA FUND INC Profile
The India Fund, Inc (the Fund) is a non-diversified closed-end management investment company. The Fund’s investment objective is long-term capital appreciation, which it seeks to achieve by investing primarily in the equity securities of Indian companies. The Fund’s portfolio of investments includes financials, consumer staples, information technology, materials, healthcare, consumer discretionary, industrials, telecommunication services and energy.
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