DKM Wealth Management Inc. Buys New Stake in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

DKM Wealth Management Inc. bought a new stake in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 34,001 shares of the company's stock, valued at approximately $261,000. DKM Wealth Management Inc. owned approximately 0.10% of Japan Smaller Capitalization Fund as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of JOF. Union Bancaire Privee UBP SA acquired a new stake in shares of Japan Smaller Capitalization Fund during the fourth quarter valued at about $32,000. Virtu Financial LLC purchased a new position in Japan Smaller Capitalization Fund in the third quarter valued at about $104,000. HighTower Advisors LLC grew its stake in Japan Smaller Capitalization Fund by 7.7% during the 3rd quarter. HighTower Advisors LLC now owns 22,471 shares of the company's stock valued at $181,000 after purchasing an additional 1,609 shares in the last quarter. Independent Advisor Alliance purchased a new stake in Japan Smaller Capitalization Fund during the 4th quarter worth approximately $300,000. Finally, Blue Bell Private Wealth Management LLC raised its position in shares of 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 purchasing an additional 30,489 shares in the last quarter.

Japan Smaller Capitalization Fund Stock Down 0.7 %

Shares of JOF stock traded down $0.06 during mid-day trading on Monday, reaching $7.70. 87,156 shares of the company were exchanged, compared to its average volume of 68,158. The business's 50 day simple moving average is $8.07 and its 200 day simple moving average is $7.88. Japan Smaller Capitalization Fund, Inc. has a fifty-two week low of $6.89 and a fifty-two 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.