Raymond James Financial Inc. Invests $724,000 in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Raymond James Financial Inc. purchased a new stake in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 94,439 shares of the company’s stock, valued at approximately $724,000. Raymond James Financial Inc. owned 0.27% of Japan Smaller Capitalization Fund as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in JOF. Union Bancaire Privee UBP SA acquired a new stake in shares of Japan Smaller Capitalization Fund during the 4th quarter worth approximately $32,000. Virtu Financial LLC acquired a new stake in Japan Smaller Capitalization Fund during the 3rd quarter worth $104,000. DKM Wealth Management Inc. acquired a new stake in Japan Smaller Capitalization Fund during the 4th quarter worth $261,000. Independent Advisor Alliance bought a new stake in shares of Japan Smaller Capitalization Fund during the 4th quarter valued at $300,000. Finally, Blue Bell Private Wealth Management LLC lifted its stake in shares of Japan Smaller Capitalization Fund by 340.2% in the 4th 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.

Japan Smaller Capitalization Fund Stock Up 1.4 %

Shares of Japan Smaller Capitalization Fund stock opened at $8.93 on Wednesday. The business has a fifty day simple moving average of $8.34 and a 200 day simple moving average of $7.94. Japan Smaller Capitalization Fund, Inc. has a 12 month low of $6.89 and a 12 month high of $9.09.

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.