SeaCrest Wealth Management LLC Buys Shares of 77,543 Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

SeaCrest Wealth Management LLC purchased a new position in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) during the first quarter, HoldingsChannel.com reports. The fund purchased 77,543 shares of the company’s stock, valued at approximately $619,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Weiss Asset Management LP purchased a new stake in Japan Smaller Capitalization Fund in the 4th quarter worth approximately $81,000. Twin Focus Capital Partners LLC bought a new position in shares of Japan Smaller Capitalization Fund in the fourth quarter worth $83,000. Successful Portfolios LLC bought a new position in shares of Japan Smaller Capitalization Fund in the fourth quarter worth $114,000. PNC Financial Services Group Inc. raised its position in shares of Japan Smaller Capitalization Fund by 19.2% in the third quarter. PNC Financial Services Group Inc. now owns 16,145 shares of the company’s stock worth $115,000 after buying an additional 2,600 shares in the last quarter. Finally, Ingalls & Snyder LLC boosted its stake in Japan Smaller Capitalization Fund by 100.0% during the fourth quarter. Ingalls & Snyder LLC now owns 20,000 shares of the company’s stock valued at $152,000 after buying an additional 10,000 shares during the period.

Japan Smaller Capitalization Fund Stock Performance

Japan Smaller Capitalization Fund stock opened at $7.55 on Thursday. The business has a 50-day simple moving average of $7.68 and a 200 day simple moving average of $7.69. Japan Smaller Capitalization Fund, Inc. has a 52 week low of $6.64 and a 52 week high of $8.06.

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.