105,444 Shares in Japan Smaller Capitalization Fund, Inc. $JOF Bought by Cibc World Market Inc.

Cibc World Market Inc. acquired a new position in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) in the 2nd quarter, HoldingsChannel.com reports. The fund acquired 105,444 shares of the company’s stock, valued at approximately $1,242,000.

A number of other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in Japan Smaller Capitalization Fund by 144.7% in the fourth quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock valued at $39,000 after purchasing an additional 3,038 shares during the last quarter. Lazard Asset Management LLC increased its position in shares of Japan Smaller Capitalization Fund by 0.8% in the second quarter. Lazard Asset Management LLC now owns 2,320,298 shares of the company’s stock valued at $22,367,000 after buying an additional 19,460 shares in the last quarter. Raymond James Financial Inc. raised its stake in shares of Japan Smaller Capitalization Fund by 4.0% during the 3rd quarter. Raymond James Financial Inc. now owns 101,127 shares of the company’s stock worth $1,066,000 after buying an additional 3,847 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new position in shares of Japan Smaller Capitalization Fund during the 3rd quarter worth $215,000. Finally, Triasima Portfolio Management inc. boosted its position in shares of Japan Smaller Capitalization Fund by 38.0% in the 4th quarter. Triasima Portfolio Management inc. now owns 21,800 shares of the company’s stock worth $242,000 after buying an additional 6,000 shares in the last quarter.

Japan Smaller Capitalization Fund Trading Up 0.5%

Japan Smaller Capitalization Fund stock opened at $12.60 on Friday. Japan Smaller Capitalization Fund, Inc. has a 52 week low of $9.94 and a 52 week high of $12.76. The firm’s 50-day simple moving average is $11.84 and its 200 day simple moving average is $11.57.

Japan Smaller Capitalization Fund Profile

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.