Korea Fund, Inc. (The) (KF) Shares Sold by Strs Ohio
Strs Ohio cut its stake in shares of Korea Fund, Inc. (The) (NYSE:KF) by 14.0% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 34,410 shares of the company’s stock after selling 5,590 shares during the period. Strs Ohio’s holdings in Korea Fund, Inc. (The) were worth $1,377,000 as of its most recent filing with the SEC.
Korea Fund, Inc. (KF) opened at 38.06 on Friday. The firm has a 50-day moving average of $40.79 and a 200 day moving average of $38.15. Korea Fund, Inc. has a 12-month low of $31.52 and a 12-month high of $42.68.
In other Korea Fund, Inc. (The) news, major shareholder City Of London Investment Grou purchased 12,428 shares of the stock in a transaction dated Wednesday, June 7th. The shares were bought at an average price of $39.99 per share, with a total value of $496,995.72. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 29.04% of the company’s stock.
Korea Fund, Inc. (The) Company Profile
The Korea Fund, Inc is a closed-end non-diversified management investment company. The Fund’s investment objective is to seek long-term capital appreciation through investment in securities, principally equity securities of Korean companies. The Fund enters into contracts that contain a range of representations that provide general indemnifications.
Want to see what other hedge funds are holding KF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Korea Fund, Inc. (The) (NYSE:KF).
Receive News & Ratings for Korea Fund Inc. (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Korea Fund Inc. (The) and related companies with MarketBeat.com's FREE daily email newsletter.