The Korea Fund, Inc. (NYSE:KF - Get Free Report) traded up 0% during trading on Tuesday . The stock traded as high as $20.17 and last traded at $19.74. 7,953 shares were traded during trading, a decline of 57% from the average session volume of 18,309 shares. The stock had previously closed at $19.73.
The Korea Fund Stock Performance
The business has a fifty day moving average of $19.71 and a two-hundred day moving average of $22.00.
The Korea Fund Announces Dividend
The business also recently disclosed a -- dividend, which was paid on Monday, January 6th. Shareholders of record on Friday, December 27th were issued a $0.4542 dividend. The ex-dividend date of this dividend was Friday, December 27th.
Institutional Investors Weigh In On The Korea Fund
Several hedge funds have recently bought and sold shares of the stock. Public Employees Retirement System of Ohio bought a new position in The Korea Fund during the third quarter worth about $6,220,000. Wolverine Asset Management LLC grew its holdings in shares of The Korea Fund by 76.5% during the 3rd quarter. Wolverine Asset Management LLC now owns 31,994 shares of the company's stock worth $728,000 after purchasing an additional 13,869 shares in the last quarter. Mraz Amerine & Associates Inc. raised its stake in The Korea Fund by 36.6% in the third quarter. Mraz Amerine & Associates Inc. now owns 49,210 shares of the company's stock valued at $1,120,000 after purchasing an additional 13,185 shares in the last quarter. Finally, Matisse Capital acquired a new position in shares of The Korea Fund in the 4th quarter valued at approximately $291,000. 69.99% of the stock is currently owned by institutional investors and hedge funds.
The Korea Fund Company Profile
(
Get 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.
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