Korea Equity Fund Inc. (NYSE:KEF) major shareholder Value Offshore Fund Ltd. Full acquired 10,000 shares of the firm’s stock in a transaction on Tuesday, April 18th. The shares were acquired at an average price of $8.61 per share, with a total value of $86,100.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Major shareholders that own 10% or more of a company’s shares are required to disclose their sales and purchases with the SEC.
Value Offshore Fund Ltd. Full also recently made the following trade(s):
- On Monday, April 10th, Value Offshore Fund Ltd. Full purchased 7,432 shares of Korea Equity Fund stock. The shares were purchased at an average cost of $8.51 per share, with a total value of $63,246.32.
Korea Equity Fund Inc. (NYSE:KEF) traded up 0.4658% during midday trading on Friday, hitting $8.8008. The stock had a trading volume of 4,651 shares. The stock has a 50-day moving average of $8.56 and a 200-day moving average of $8.07. Korea Equity Fund Inc. has a 52 week low of $7.22 and a 52 week high of $8.89. The firm has a market cap of $85.72 million, a P/E ratio of 53.0169 and a beta of 0.80.
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Korea Equity Fund Company Profile
Korea Equity Fund, Inc is a non-diversified, closed-end management investment company. The Fund’s investment objective is to seek long-term capital appreciation through investments primarily in equity securities of South Korean companies. Under normal circumstances, the Fund will invest approximately 80% of its total assets in such securities.
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