HighTower Advisors LLC Trims Stock Position in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

HighTower Advisors LLC trimmed its stake in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 22.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,465 shares of the company’s stock after selling 5,006 shares during the period. HighTower Advisors LLC’s holdings in Japan Smaller Capitalization Fund were worth $134,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Union Bancaire Privee UBP SA acquired a new stake in shares of Japan Smaller Capitalization Fund in the fourth quarter valued at approximately $32,000. Virtu Financial LLC acquired a new stake in Japan Smaller Capitalization Fund during the 3rd quarter worth $104,000. Independent Advisor Alliance purchased a new position in Japan Smaller Capitalization Fund during the 4th quarter worth $300,000. Blue Bell Private Wealth Management LLC increased its stake in Japan Smaller Capitalization Fund by 340.2% in the fourth quarter. Blue Bell Private Wealth Management LLC now owns 39,450 shares of the company’s stock valued at $303,000 after purchasing an additional 30,489 shares during the period. Finally, Raymond James Financial Inc. purchased a new stake in shares of Japan Smaller Capitalization Fund in the fourth quarter valued at about $724,000.

Japan Smaller Capitalization Fund Price Performance

NYSE JOF opened at $7.74 on Friday. Japan Smaller Capitalization Fund, Inc. has a 52-week low of $6.89 and a 52-week high of $8.54. The business’s 50-day moving average price is $8.07 and its 200 day moving average price is $7.88.

About Japan Smaller Capitalization Fund

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.