Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Stock Holdings Lifted by Raffles Associates LP

Raffles Associates LP lifted its holdings in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 16.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 224,025 shares of the company’s stock after buying an additional 31,000 shares during the period. Japan Smaller Capitalization Fund accounts for approximately 1.9% of Raffles Associates LP’s holdings, making the stock its 16th biggest position. Raffles Associates LP’s holdings in Japan Smaller Capitalization Fund were worth $1,853,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. City of London Investment Management Co. Ltd. boosted its stake in Japan Smaller Capitalization Fund by 8.8% in the second quarter. City of London Investment Management Co. Ltd. now owns 4,903,167 shares of the company’s stock valued at $37,166,000 after acquiring an additional 395,290 shares during the period. Wolverine Asset Management LLC boosted its position in Japan Smaller Capitalization Fund by 9,241.9% during the 2nd quarter. Wolverine Asset Management LLC now owns 87,627 shares of the company’s stock valued at $664,000 after purchasing an additional 86,689 shares during the period. Mraz Amerine & Associates Inc. bought a new position in Japan Smaller Capitalization Fund during the 3rd quarter worth $259,000. Almitas Capital LLC grew its stake in Japan Smaller Capitalization Fund by 26.2% during the 2nd quarter. Almitas Capital LLC now owns 360,847 shares of the company’s stock worth $2,735,000 after buying an additional 74,904 shares during the last quarter. Finally, Raymond James & Associates increased its position in Japan Smaller Capitalization Fund by 13.1% in the second quarter. Raymond James & Associates now owns 179,281 shares of the company’s stock worth $1,359,000 after buying an additional 20,760 shares during the period.

Japan Smaller Capitalization Fund Trading Up 2.3 %

JOF stock opened at $7.85 on Friday. The stock’s fifty day moving average is $7.80 and its two-hundred day moving average is $7.76. Japan Smaller Capitalization Fund, Inc. has a 1 year low of $6.89 and a 1 year high of $8.34.

Japan Smaller Capitalization Fund Company Profile

Japan Smaller Capitalization Fund, Inc is a closed-ended equity mutual fund launched by Nomura Asset Management U.SA Inc It is managed by Nomura Asset Management Co, Ltd. The fund invests in the public equity markets of Japan. It invests in stocks traded on the Tokyo, Osaka and Nagoya Stock Exchanges, JASDAQ, Mothers, Hercules, Centrex, and other indices.