Hara Capital LLC Decreases Stock Position in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Hara Capital LLC lessened its stake in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Free Report) by 12.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 328,047 shares of the company's stock after selling 48,416 shares during the period. Japan Smaller Capitalization Fund makes up approximately 1.9% of Hara Capital LLC's holdings, making the stock its 13th largest position. Hara Capital LLC owned about 0.93% of Japan Smaller Capitalization Fund worth $2,752,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in JOF. Pekin Hardy Strauss Inc. grew its position in shares of Japan Smaller Capitalization Fund by 9.3% during the 1st quarter. Pekin Hardy Strauss Inc. now owns 17,619 shares of the company's stock valued at $148,000 after acquiring an additional 1,500 shares during the period. Nomura Asset Management Co. Ltd. grew its position in shares of Japan Smaller Capitalization Fund by 4.0% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 58,257 shares of the company's stock valued at $447,000 after acquiring an additional 2,251 shares during the period. Mraz Amerine & Associates Inc. grew its position in shares of Japan Smaller Capitalization Fund by 2.6% during the 1st quarter. Mraz Amerine & Associates Inc. now owns 104,491 shares of the company's stock valued at $876,000 after acquiring an additional 2,670 shares during the period. Bank of America Corp DE grew its position in shares of Japan Smaller Capitalization Fund by 144.7% during the 4th quarter. Bank of America Corp DE now owns 5,138 shares of the company's stock valued at $39,000 after acquiring an additional 3,038 shares during the period. Finally, Raffles Associates LP grew its position in shares of Japan Smaller Capitalization Fund by 10.8% during the 4th quarter. Raffles Associates LP now owns 248,168 shares of the company's stock valued at $1,903,000 after acquiring an additional 24,143 shares during the period.

Japan Smaller Capitalization Fund Stock Up 0.4%

Shares of JOF traded up $0.04 during trading hours on Friday, reaching $9.71. 38,174 shares of the stock traded hands, compared to its average volume of 75,083. Japan Smaller Capitalization Fund, Inc. has a 52-week low of $6.89 and a 52-week high of $9.80. The company's 50-day moving average price is $9.41 and its two-hundred day moving average price is $8.52.

Japan Smaller Capitalization Fund 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.