Bank of America Corp DE reduced its stake in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Free Report) by 22.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 443,293 shares of the company's stock after selling 125,920 shares during the quarter. Bank of America Corp DE owned approximately 1.56% of Japan Smaller Capitalization Fund worth $4,832,000 as of its most recent filing with the SEC.
A number of other hedge funds have also recently added to or reduced their stakes in the company. Altium Capital Management LLC boosted its stake in shares of Japan Smaller Capitalization Fund by 278.2% in the first quarter. Altium Capital Management LLC now owns 150,412 shares of the company's stock worth $1,639,000 after buying an additional 110,637 shares during the last quarter. Evolve Private Wealth LLC acquired a new position in Japan Smaller Capitalization Fund in the fourth quarter valued at approximately $641,000. Lazard Asset Management LLC boosted its position in Japan Smaller Capitalization Fund by 50.1% in the 4th quarter. Lazard Asset Management LLC now owns 3,470,865 shares of the company's stock worth $38,457,000 after purchasing an additional 1,157,842 shares in the last quarter. Colonial Trust Advisors purchased a new stake in Japan Smaller Capitalization Fund in the 4th quarter worth approximately $104,000. Finally, LPL Financial LLC acquired a new stake in shares of Japan Smaller Capitalization Fund during the 4th quarter worth approximately $641,000.
Japan Smaller Capitalization Fund Stock Performance
JOF stock opened at $12.65 on Friday. Japan Smaller Capitalization Fund, Inc. has a one year low of $9.94 and a one year high of $12.76. The firm's fifty day moving average is $11.86 and its 200 day moving average is $11.58.
Japan Smaller Capitalization Fund Company 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.
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