Lazard Asset Management LLC Reduces Stock Position in Japan Smaller Capitalization Fund, Inc. (NYSE:JOF)

Lazard Asset Management LLC trimmed its holdings in shares of Japan Smaller Capitalization Fund, Inc. (NYSE:JOF) by 1.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,222,950 shares of the company’s stock after selling 24,974 shares during the period. Lazard Asset Management LLC owned 6.31% of Japan Smaller Capitalization Fund worth $17,050,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also made changes to their positions in JOF. Hara Capital LLC lifted its stake in Japan Smaller Capitalization Fund by 2.4% during the fourth quarter. Hara Capital LLC now owns 387,063 shares of the company’s stock worth $2,969,000 after purchasing an additional 8,899 shares during the last quarter. Matisse Capital raised its holdings in Japan Smaller Capitalization Fund by 37.2% during the fourth quarter. Matisse Capital now owns 362,000 shares of the company’s stock worth $2,777,000 after purchasing an additional 98,192 shares in the last quarter. Raffles Associates LP lifted its position in shares of Japan Smaller Capitalization Fund by 10.8% during the 4th quarter. Raffles Associates LP now owns 248,168 shares of the company’s stock worth $1,903,000 after buying an additional 24,143 shares during the last quarter. Mraz Amerine & Associates Inc. boosted its holdings in shares of Japan Smaller Capitalization Fund by 225.3% in the 4th quarter. Mraz Amerine & Associates Inc. now owns 101,821 shares of the company’s stock valued at $781,000 after buying an additional 70,521 shares in the last quarter. Finally, RPO LLC grew its position in shares of Japan Smaller Capitalization Fund by 32.1% in the 4th quarter. RPO LLC now owns 100,852 shares of the company’s stock valued at $774,000 after buying an additional 24,507 shares during the last quarter.

Japan Smaller Capitalization Fund Price Performance

Shares of JOF opened at $9.02 on Wednesday. Japan Smaller Capitalization Fund, Inc. has a 1-year low of $6.89 and a 1-year high of $9.18. The firm has a fifty day moving average price of $8.44 and a 200 day moving average price of $7.99.

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.