Ionic Capital Management LLC Makes New Investment in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Ionic Capital Management LLC acquired a new position in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 56,681 shares of the company’s stock, valued at approximately $435,000. Ionic Capital Management LLC owned approximately 0.16% of Japan Smaller Capitalization Fund as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Bank of America Corp DE raised its position in Japan Smaller Capitalization Fund by 144.7% during the fourth quarter. Bank of America Corp DE now owns 5,138 shares of the company’s stock worth $39,000 after acquiring an additional 3,038 shares in the last quarter. Raffles Associates LP raised its holdings in shares of Japan Smaller Capitalization Fund by 10.8% in the 4th quarter. Raffles Associates LP now owns 248,168 shares of the company’s stock valued at $1,903,000 after purchasing an additional 24,143 shares during the period. Boothbay Fund Management LLC lifted its stake in Japan Smaller Capitalization Fund by 88.3% in the 4th quarter. Boothbay Fund Management LLC now owns 51,595 shares of the company’s stock valued at $396,000 after purchasing an additional 24,200 shares during the last quarter. Raymond James Financial Inc. bought a new position in Japan Smaller Capitalization Fund during the fourth quarter worth about $724,000. Finally, RPO LLC increased its position in Japan Smaller Capitalization Fund by 32.1% during the fourth quarter. RPO LLC now owns 100,852 shares of the company’s stock worth $774,000 after buying an additional 24,507 shares during the last quarter.

Japan Smaller Capitalization Fund Stock Down 0.4 %

JOF opened at $8.94 on Friday. Japan Smaller Capitalization Fund, Inc. has a 12-month low of $6.89 and a 12-month high of $9.09. The business has a 50 day moving average of $8.40 and a 200-day moving average of $7.97.

Japan Smaller Capitalization Fund Company 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.