Independent Advisor Alliance Takes Position in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Independent Advisor Alliance acquired 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 filing with the Securities and Exchange Commission. The fund acquired 39,150 shares of the company’s stock, valued at approximately $300,000.

Several other institutional investors have also modified their holdings of JOF. Union Bancaire Privee UBP SA acquired a new stake in Japan Smaller Capitalization Fund in the 4th quarter valued at approximately $32,000. Virtu Financial LLC acquired a new stake in Japan Smaller Capitalization Fund in the 3rd quarter valued at approximately $104,000. Pekin Hardy Strauss Inc. raised its position in Japan Smaller Capitalization Fund by 23.6% in the 3rd quarter. Pekin Hardy Strauss Inc. now owns 16,119 shares of the company’s stock valued at $133,000 after buying an additional 3,075 shares during the last quarter. HighTower Advisors LLC raised its position in Japan Smaller Capitalization Fund by 7.7% in the 3rd quarter. HighTower Advisors LLC now owns 22,471 shares of the company’s stock valued at $181,000 after buying an additional 1,609 shares during the last quarter. Finally, Blue Bell Private Wealth Management LLC raised its position in 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 buying an additional 30,489 shares during the last quarter.

Japan Smaller Capitalization Fund Price Performance

Shares of Japan Smaller Capitalization Fund stock opened at $8.41 on Wednesday. The business’s 50 day simple moving average is $7.88 and its 200 day simple moving average is $7.84. Japan Smaller Capitalization Fund, Inc. has a 52-week low of $6.89 and a 52-week high of $8.54.

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.