Hara Capital LLC Makes New $1.16 Million Investment in Japan Smaller Capitalization Fund, Inc. $JOF

Hara Capital LLC acquired a new stake in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) during the second quarter, Holdings Channel.com reports. The institutional investor acquired 98,764 shares of the company’s stock, valued at approximately $1,163,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Altium Capital Management LLC raised its stake in Japan Smaller Capitalization Fund by 278.2% during the 1st quarter. Altium Capital Management LLC now owns 150,412 shares of the company’s stock worth $1,639,000 after buying an additional 110,637 shares during the period. CIBC Bancorp USA Inc. acquired a new position in Japan Smaller Capitalization Fund in the 3rd quarter valued at about $215,000. Raymond James Financial Inc. grew its stake in Japan Smaller Capitalization Fund by 4.0% in the 3rd quarter. Raymond James Financial Inc. now owns 101,127 shares of the company’s stock valued at $1,066,000 after buying an additional 3,847 shares during the last quarter. Bank of America Corp DE raised its holdings in Japan Smaller Capitalization Fund by 37,758.0% in the 2nd quarter. Bank of America Corp DE now owns 795,018 shares of the company’s stock valued at $7,664,000 after acquiring an additional 792,918 shares during the period. Finally, Lazard Asset Management LLC lifted its position in Japan Smaller Capitalization Fund by 0.8% during the second quarter. Lazard Asset Management LLC now owns 2,320,298 shares of the company’s stock worth $22,367,000 after acquiring an additional 19,460 shares during the last quarter.

Japan Smaller Capitalization Fund Stock Down 1.7%

Shares of NYSE JOF opened at $12.17 on Friday. The stock’s fifty day moving average price is $11.76 and its two-hundred day moving average price is $11.54. Japan Smaller Capitalization Fund, Inc. has a one year low of $9.94 and a one year high of $12.76.

Japan Smaller Capitalization Fund Profile

Japan Smaller Capitalization Fund, Inc (NYSE: JOF) is a U.S.-listed closed-end investment company dedicated to long-term capital appreciation through exposure to Japan’s smaller capitalization equities. The fund seeks to identify and invest in firms whose market valuations and growth prospects may be overlooked by broader market indices, offering investors differentiated access to Japan’s domestic growth opportunities.

The portfolio typically comprises equity securities of companies traded on the Tokyo Stock Exchange and other recognized Japanese markets, with a focus on firms outside the large-cap segment.