The India Fund, Inc. (IFN) Shares Sold by RPG Investment Advisory LLC

RPG Investment Advisory LLC lessened its position in shares of The India Fund, Inc. (NYSE:IFN) by 5.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 58,140 shares of the investment management company’s stock after selling 3,391 shares during the period. RPG Investment Advisory LLC owned approximately 0.21% of The India Fund worth $1,242,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently modified their holdings of IFN. Essex Savings Bank acquired a new position in The India Fund during the 4th quarter worth approximately $35,000. Parallel Advisors LLC increased its position in The India Fund by 3,916.4% during the 4th quarter. Parallel Advisors LLC now owns 2,932 shares of the investment management company’s stock worth $59,000 after purchasing an additional 2,859 shares in the last quarter. MML Investors Services LLC increased its position in The India Fund by 33.7% during the 4th quarter. MML Investors Services LLC now owns 12,983 shares of the investment management company’s stock worth $263,000 after purchasing an additional 3,269 shares in the last quarter. Geode Capital Management LLC increased its position in The India Fund by 4.3% during the 4th quarter. Geode Capital Management LLC now owns 93,755 shares of the investment management company’s stock worth $1,897,000 after purchasing an additional 3,868 shares in the last quarter. Finally, Raymond James Financial Services Advisors Inc. increased its position in The India Fund by 52.7% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 16,856 shares of the investment management company’s stock worth $341,000 after purchasing an additional 5,815 shares in the last quarter. 22.45% of the stock is owned by institutional investors.

IFN stock opened at $20.82 on Wednesday. The India Fund, Inc. has a 1 year low of $19.66 and a 1 year high of $25.69.

COPYRIGHT VIOLATION NOTICE: “The India Fund, Inc. (IFN) Shares Sold by RPG Investment Advisory LLC” was first published by Baseball Daily News and is owned by of Baseball Daily News. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of United States & international copyright & trademark law. The original version of this piece of content can be read at https://www.baseballdailydigest.com/news/2019/05/08/rpg-investment-advisory-llc-decreases-holdings-in-the-india-fund-inc-ifn.html.

About The India Fund

The India Fund, Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. The fund invests in public equity markets of India. It seeks to invest in stocks of small-cap, mid-cap, and large-cap companies. The fund employs a quantitative and fundamental analysis with a bottom-up stock picking and asset allocation approach to create its portfolio.

Read More: Debt-To-Equity Ratio

Institutional Ownership by Quarter for The India Fund (NYSE:IFN)

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