Korea Fund, Inc. (The) common stock (KF) Major Shareholder City Of London Investment Grou Sells 2,874 Shares

Korea Fund, Inc. (The) common stock (NYSE:KF) major shareholder City Of London Investment Grou sold 2,874 shares of the company’s stock in a transaction dated Tuesday, June 12th. The shares were sold at an average price of $41.24, for a total value of $118,523.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Major shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

City Of London Investment Grou also recently made the following trade(s):

  • On Friday, May 25th, City Of London Investment Grou sold 559 shares of Korea Fund, Inc. (The) common stock stock. The shares were sold at an average price of $41.47, for a total value of $23,181.73.
  • On Friday, May 11th, City Of London Investment Grou sold 2,877 shares of Korea Fund, Inc. (The) common stock stock. The shares were sold at an average price of $41.99, for a total value of $120,805.23.
  • On Friday, May 4th, City Of London Investment Grou sold 10,000 shares of Korea Fund, Inc. (The) common stock stock. The shares were sold at an average price of $41.47, for a total value of $414,700.00.
  • On Monday, April 23rd, City Of London Investment Grou sold 3,176 shares of Korea Fund, Inc. (The) common stock stock. The shares were sold at an average price of $40.79, for a total value of $129,549.04.
  • On Wednesday, April 18th, City Of London Investment Grou sold 11,330 shares of Korea Fund, Inc. (The) common stock stock. The shares were sold at an average price of $41.43, for a total value of $469,401.90.
  • On Monday, April 16th, City Of London Investment Grou sold 9,656 shares of Korea Fund, Inc. (The) common stock stock. The shares were sold at an average price of $40.95, for a total value of $395,413.20.
  • On Thursday, April 12th, City Of London Investment Grou sold 7,400 shares of Korea Fund, Inc. (The) common stock stock. The shares were sold at an average price of $41.24, for a total value of $305,176.00.
  • On Wednesday, March 28th, City Of London Investment Grou bought 5,521 shares of Korea Fund, Inc. (The) common stock stock. The stock was acquired at an average price of $40.08 per share, for a total transaction of $221,281.68.
  • On Monday, March 26th, City Of London Investment Grou bought 5,373 shares of Korea Fund, Inc. (The) common stock stock. The stock was acquired at an average price of $40.44 per share, for a total transaction of $217,284.12.
  • On Thursday, March 22nd, City Of London Investment Grou bought 7,499 shares of Korea Fund, Inc. (The) common stock stock. The stock was acquired at an average price of $41.10 per share, for a total transaction of $308,208.90.

Shares of Korea Fund, Inc. (The) common stock traded down $0.39, reaching $40.51, during trading hours on Thursday, according to Marketbeat. The company’s stock had a trading volume of 2,972 shares, compared to its average volume of 10,429. The company has a market capitalization of $238.06 million, a price-to-earnings ratio of 318.00 and a beta of 0.73. Korea Fund, Inc. has a 1-year low of $38.03 and a 1-year high of $44.64.

Several institutional investors and hedge funds have recently modified their holdings of KF. Doliver Capital Advisors LP bought a new stake in shares of Korea Fund, Inc. (The) common stock in the 4th quarter valued at approximately $230,000. Guggenheim Capital LLC bought a new stake in shares of Korea Fund, Inc. (The) common stock in the 4th quarter valued at approximately $277,000. Royal Bank of Canada grew its stake in shares of Korea Fund, Inc. (The) common stock by 55.7% in the 1st quarter. Royal Bank of Canada now owns 10,663 shares of the company’s stock valued at $435,000 after buying an additional 3,813 shares in the last quarter. Allianz Asset Management GmbH grew its stake in shares of Korea Fund, Inc. (The) common stock by 200.0% in the 4th quarter. Allianz Asset Management GmbH now owns 15,767 shares of the company’s stock valued at $651,000 after buying an additional 10,511 shares in the last quarter. Finally, 1607 Capital Partners LLC grew its stake in shares of Korea Fund, Inc. (The) common stock by 4.1% in the 1st quarter. 1607 Capital Partners LLC now owns 460,099 shares of the company’s stock valued at $18,781,000 after buying an additional 18,035 shares in the last quarter. Institutional investors own 50.73% of the company’s stock.

Korea Fund, Inc. (The) common stock 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.

Insider Buying and Selling by Quarter for Korea Fund, Inc. (The) common stock (NYSE:KF)

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