The shares were transferred in several transactions between 13:26 and 13:30 local time, at the same price of RON0.501 per unit.
Proprietatea closed Wednesday at RON0.5 per share.
On the regular market Thursday, the fund’s shares traded at RON0.501.
Fondul Proprietatea was set up in 2005 to compensate Romanians whose properties were seized during communism.
The fund was floated on the Bucharest Stock Exchange on January 25. (EUR1=RON4.2236)