Allspring Global Investments Holdings LLC Lowers Holdings in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Allspring Global Investments Holdings LLC reduced its stake in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 0.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 5,714,329 shares of the company’s stock after selling 15,942 shares during the period. Allspring Global Investments Holdings LLC owned approximately 0.16% of Japan Smaller Capitalization Fund worth $47,258,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. City of London Investment Management Co. Ltd. raised its holdings in Japan Smaller Capitalization Fund by 8.8% in the 2nd quarter. City of London Investment Management Co. Ltd. now owns 4,903,167 shares of the company’s stock worth $37,166,000 after acquiring an additional 395,290 shares during the last quarter. Matisse Capital raised its stake in shares of Japan Smaller Capitalization Fund by 196.4% in the second quarter. Matisse Capital now owns 246,456 shares of the company’s stock worth $1,868,000 after purchasing an additional 163,319 shares during the last quarter. Wolverine Asset Management LLC raised its stake in shares of Japan Smaller Capitalization Fund by 9,241.9% in the second quarter. Wolverine Asset Management LLC now owns 87,627 shares of the company’s stock worth $664,000 after purchasing an additional 86,689 shares during the last quarter. SeaCrest Wealth Management LLC bought a new position in shares of Japan Smaller Capitalization Fund during the first quarter valued at $619,000. Finally, Almitas Capital LLC boosted its position in shares of Japan Smaller Capitalization Fund by 26.2% during the second quarter. Almitas Capital LLC now owns 360,847 shares of the company’s stock valued at $2,735,000 after buying an additional 74,904 shares during the last quarter.

Japan Smaller Capitalization Fund Price Performance

Shares of NYSE:JOF opened at $7.69 on Wednesday. The business has a 50-day simple moving average of $7.98 and a two-hundred day simple moving average of $7.78. Japan Smaller Capitalization Fund, Inc. has a fifty-two week low of $6.64 and a fifty-two week high of $8.34.

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.