Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) Shares Sold by 1607 Capital Partners LLC

1607 Capital Partners LLC lowered its stake in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF - Free Report) by 5.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,886,335 shares of the company's stock after selling 273,794 shares during the period. Japan Smaller Capitalization Fund makes up 3.0% of 1607 Capital Partners LLC's portfolio, making the stock its 7th biggest position. 1607 Capital Partners LLC owned approximately 13.87% of Japan Smaller Capitalization Fund worth $37,478,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Union Bancaire Privee UBP SA acquired a new stake in Japan Smaller Capitalization Fund during the 4th quarter worth approximately $32,000. Virtu Financial LLC acquired a new position in shares of Japan Smaller Capitalization Fund during the 3rd quarter worth approximately $104,000. HighTower Advisors LLC boosted its position in Japan Smaller Capitalization Fund by 7.7% during the third quarter. HighTower Advisors LLC now owns 22,471 shares of the company's stock worth $181,000 after purchasing an additional 1,609 shares during the period. DKM Wealth Management Inc. bought a new position in shares of Japan Smaller Capitalization Fund in the fourth quarter valued at about $261,000. Finally, Independent Advisor Alliance acquired a new stake in shares of Japan Smaller Capitalization Fund during the 4th quarter worth about $300,000.

Japan Smaller Capitalization Fund Stock Performance

Shares of JOF stock traded down $0.08 during midday trading on Monday, hitting $8.30. 86,618 shares of the company were exchanged, compared to its average volume of 66,635. Japan Smaller Capitalization Fund, Inc. has a 52 week low of $6.89 and a 52 week high of $8.54. The firm's 50 day moving average price is $8.14 and its two-hundred day moving average price is $7.87.

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.