Abrdn Japan Equity Fund Inc (NYSE:JEQ - Get Free Report) shares traded up 0.1% on Tuesday . The company traded as high as $7.02 and last traded at $7.01. 105,597 shares changed hands during trading, an increase of 65% from the average session volume of 63,809 shares. The stock had previously closed at $7.00.
Abrdn Japan Equity Fund Stock Performance
The firm's 50 day moving average is $6.45 and its 200-day moving average is $6.04.
Hedge Funds Weigh In On Abrdn Japan Equity Fund
A number of institutional investors have recently added to or reduced their stakes in JEQ. CSS LLC IL purchased a new stake in shares of Abrdn Japan Equity Fund in the 4th quarter valued at approximately $60,000. Blue Bell Private Wealth Management LLC raised its stake in shares of Abrdn Japan Equity Fund by 40.7% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 25,526 shares of the company's stock valued at $147,000 after acquiring an additional 7,381 shares in the last quarter. Tabor Asset Management LP purchased a new stake in shares of Abrdn Japan Equity Fund during the first quarter worth approximately $453,000. Successful Portfolios LLC raised its holdings in shares of Abrdn Japan Equity Fund by 3.7% in the 1st quarter. Successful Portfolios LLC now owns 88,467 shares of the company's stock valued at $575,000 after purchasing an additional 3,189 shares in the last quarter. Finally, Bank of America Corp DE raised its stake in Abrdn Japan Equity Fund by 8.0% in the fourth quarter. Bank of America Corp DE now owns 91,050 shares of the company's stock valued at $524,000 after buying an additional 6,724 shares in the last quarter. Hedge funds and other institutional investors own 62.72% of the company's stock.
About Abrdn Japan Equity Fund
(
Get Free Report)
Abrdn Japan Equity Fund Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It invests in the public equity markets of Japan. The fund invests in stocks of companies operating across diversified sectors. It employs quantitative analysis to build its portfolio.
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