Mraz Amerine & Associates Inc. grew its holdings in The Korea Fund, Inc. (NYSE:KF - Free Report) by 26.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 62,111 shares of the company's stock after acquiring an additional 12,901 shares during the period. Mraz Amerine & Associates Inc. owned 1.29% of The Korea Fund worth $1,146,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also modified their holdings of the company. Public Employees Retirement System of Ohio bought a new position in shares of The Korea Fund during the 3rd quarter valued at approximately $6,220,000. Wolverine Asset Management LLC lifted its holdings in The Korea Fund by 76.5% during the third quarter. Wolverine Asset Management LLC now owns 31,994 shares of the company's stock valued at $728,000 after purchasing an additional 13,869 shares in the last quarter. Finally, Matisse Capital bought a new position in shares of The Korea Fund in the fourth quarter worth approximately $291,000. Hedge funds and other institutional investors own 69.99% of the company's stock.
The Korea Fund Stock Performance
Shares of NYSE KF traded down $0.24 during midday trading on Friday, reaching $21.21. The stock had a trading volume of 11,421 shares, compared to its average volume of 13,480. The Korea Fund, Inc. has a 12-month low of $18.35 and a 12-month high of $26.30. The stock has a 50-day moving average of $19.81 and a 200-day moving average of $21.52.
The Korea Fund Dividend Announcement
The firm also recently declared a -- dividend, which was paid on Monday, January 6th. Shareholders of record on Friday, December 27th were paid a $0.4542 dividend. The ex-dividend date of this dividend was Friday, December 27th.
The Korea Fund Company Profile
(
Free Report)
The Korea Fund, Inc is a closed-ended equity mutual fund launched and managed by Allianz Global Investors U.S. LLC. The fund invests in the public equity markets of Korea. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of companies.
See Also
Before you consider The Korea Fund, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and The Korea Fund wasn't on the list.
While The Korea Fund currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering when you'll finally be able to invest in SpaceX, Starlink, or X.AI? Enter your email address to learn when Elon Musk will let these companies finally IPO.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
