Pekin Hardy Strauss Inc. Purchases 3,075 Shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Pekin Hardy Strauss Inc. increased its position in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 23.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 16,119 shares of the company’s stock after purchasing an additional 3,075 shares during the period. Pekin Hardy Strauss Inc.’s holdings in Japan Smaller Capitalization Fund were worth $133,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of JOF. Raymond James & Associates increased its holdings in Japan Smaller Capitalization Fund by 13.1% in the 2nd quarter. Raymond James & Associates now owns 179,281 shares of the company’s stock valued at $1,359,000 after buying an additional 20,760 shares during the period. SeaCrest Wealth Management LLC raised its position in Japan Smaller Capitalization Fund by 3.0% in the second quarter. SeaCrest Wealth Management LLC now owns 79,884 shares of the company’s stock worth $606,000 after purchasing an additional 2,341 shares in the last quarter. Hara Capital LLC raised its position in Japan Smaller Capitalization Fund by 6.6% in the second quarter. Hara Capital LLC now owns 335,111 shares of the company’s stock worth $2,540,000 after purchasing an additional 20,672 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in Japan Smaller Capitalization Fund during the second quarter valued at approximately $35,000. Finally, Matisse Capital grew its stake in shares of Japan Smaller Capitalization Fund by 196.4% in the 2nd quarter. Matisse Capital now owns 246,456 shares of the company’s stock valued at $1,868,000 after purchasing an additional 163,319 shares during the period.

Japan Smaller Capitalization Fund Price Performance

Shares of JOF opened at $7.64 on Tuesday. Japan Smaller Capitalization Fund, Inc. has a 1 year low of $6.89 and a 1 year high of $8.34. The stock has a 50 day simple moving average of $7.83 and a 200-day simple moving average of $7.76.

Japan Smaller Capitalization Fund Company 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.