110,967 Shares in Japan Smaller Capitalization Fund, Inc. $JOF Purchased by Raffles Associates LP

Raffles Associates LP acquired a new stake in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOFFree Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 110,967 shares of the company’s stock, valued at approximately $1,307,000. Japan Smaller Capitalization Fund makes up about 1.2% of Raffles Associates LP’s holdings, making the stock its 22nd biggest position. Raffles Associates LP owned 0.39% of Japan Smaller Capitalization Fund at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Bank of America Corp DE boosted its stake in Japan Smaller Capitalization Fund by 144.7% in the 4th quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock worth $39,000 after purchasing an additional 3,038 shares during the period. International Assets Investment Management LLC purchased a new stake in shares of Japan Smaller Capitalization Fund in the fourth quarter valued at $43,000. Western Wealth Management LLC acquired a new stake in shares of Japan Smaller Capitalization Fund in the first quarter worth $50,000. Colonial Trust Advisors acquired a new stake in shares of Japan Smaller Capitalization Fund in the fourth quarter worth $104,000. Finally, Quantedge Capital Pte Ltd purchased a new position in shares of Japan Smaller Capitalization Fund during the first quarter valued at $131,000.

Japan Smaller Capitalization Fund Price Performance

Shares of Japan Smaller Capitalization Fund stock opened at $12.44 on Wednesday. Japan Smaller Capitalization Fund, Inc. has a 1 year low of $9.94 and a 1 year high of $12.76. The stock has a 50-day moving average price of $11.81 and a 200 day moving average price of $11.56.

Japan Smaller Capitalization Fund Profile

(Free Report)

Japan Smaller Capitalization Fund, Inc (NYSE: JOF) is a U.S.-listed closed-end investment company dedicated to long-term capital appreciation through exposure to Japan’s smaller capitalization equities. The fund seeks to identify and invest in firms whose market valuations and growth prospects may be overlooked by broader market indices, offering investors differentiated access to Japan’s domestic growth opportunities.

The portfolio typically comprises equity securities of companies traded on the Tokyo Stock Exchange and other recognized Japanese markets, with a focus on firms outside the large-cap segment.

Further Reading

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Institutional Ownership by Quarter for Japan Smaller Capitalization Fund (NYSE:JOF)

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