Mraz Amerine & Associates Inc. Has $1.12 Million Stock Holdings in The Korea Fund, Inc. (NYSE:KF)

Mraz Amerine & Associates Inc. raised its stake in shares of The Korea Fund, Inc. (NYSE:KF) by 36.6% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 49,210 shares of the company’s stock after purchasing an additional 13,185 shares during the period. Mraz Amerine & Associates Inc. owned 1.00% of The Korea Fund worth $1,120,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Shaker Financial Services LLC grew its holdings in The Korea Fund by 3.3% during the second quarter. Shaker Financial Services LLC now owns 13,161 shares of the company’s stock worth $318,000 after buying an additional 415 shares in the last quarter. Wolverine Asset Management LLC bought a new stake in The Korea Fund in the 2nd quarter worth about $437,000. JBF Capital Inc. increased its stake in The Korea Fund by 16.4% in the 2nd quarter. JBF Capital Inc. now owns 142,000 shares of the company’s stock valued at $3,426,000 after buying an additional 20,000 shares during the last quarter. Finally, Commonwealth Equity Services LLC bought a new position in shares of The Korea Fund during the 1st quarter worth approximately $2,041,000. 69.99% of the stock is currently owned by institutional investors.

The Korea Fund Stock Down 0.5 %

KF stock opened at $21.82 on Friday. The Korea Fund, Inc. has a 12-month low of $18.30 and a 12-month high of $26.30. The business has a 50 day moving average of $23.56 and a 200-day moving average of $23.97.

The Korea Fund Profile

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.