Wolverine Asset Management LLC Sells 18,093 Shares of Morgan Stanley Emerging Markets Fund Inc (NYSE:MSF)

Wolverine Asset Management LLC reduced its position in shares of Morgan Stanley Emerging Markets Fund Inc (NYSE:MSF) by 12.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 125,145 shares of the company’s stock after selling 18,093 shares during the period. Wolverine Asset Management LLC owned approximately 0.89% of Morgan Stanley Emerging Markets Fund worth $2,238,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. City of London Investment Management Co. Ltd. grew its position in Morgan Stanley Emerging Markets Fund by 5.4% in the fourth quarter. City of London Investment Management Co. Ltd. now owns 3,721,690 shares of the company’s stock worth $66,600,000 after acquiring an additional 190,432 shares in the last quarter. Icon Advisers Inc. Co. boosted its position in Morgan Stanley Emerging Markets Fund by 185.6% during the third quarter. Icon Advisers Inc. Co. now owns 54,378 shares of the company’s stock valued at $945,000 after buying an additional 35,341 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in Morgan Stanley Emerging Markets Fund by 40.8% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 46,075 shares of the company’s stock valued at $824,000 after buying an additional 13,355 shares during the period. Blue Bell Private Wealth Management LLC raised its stake in shares of Morgan Stanley Emerging Markets Fund by 16.0% during the fourth quarter. Blue Bell Private Wealth Management LLC now owns 24,966 shares of the company’s stock valued at $446,000 after acquiring an additional 3,442 shares during the last quarter. Finally, Cambridge Investment Research Advisors Inc. bought a new position in shares of Morgan Stanley Emerging Markets Fund during the third quarter valued at about $190,000. Hedge funds and other institutional investors own 48.88% of the company’s stock.

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In other Morgan Stanley Emerging Markets Fund news, major shareholder City Of London Investment Grou sold 1,718 shares of the company’s stock in a transaction dated Monday, March 26th. The shares were sold at an average price of $18.31, for a total value of $31,456.58. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Over the last three months, insiders purchased 76,801 shares of company stock valued at $1,419,062 and sold 109,648 shares valued at $2,031,583.

Shares of NYSE:MSF traded down $0.20 during midday trading on Monday, hitting $18.23. 41,587 shares of the stock traded hands, compared to its average volume of 32,537. Morgan Stanley Emerging Markets Fund Inc has a one year low of $14.73 and a one year high of $19.86.

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Morgan Stanley Emerging Markets Fund 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.

Institutional Ownership by Quarter for Morgan Stanley Emerging Markets Fund (NYSE:MSF)

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