KOREA EQUITY FD (NYSE:KEF) opened at 8.17 on Monday. KOREA EQUITY FD has a 1-year low of $6.79 and a 1-year high of $8.73. The stock has a 50 day moving average of $7.86 and a 200-day moving average of $7.97.
KOREA EQUITY FD (NYSE:KEF) major shareholder Bulldog Investors, Llc bought 50,000 shares of the business’s stock in a transaction dated Wednesday, February 8th. The stock was purchased at an average price of $8.14 per share, with a total value of $407,000.00. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.
KOREA EQUITY FD 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.