abrdn Japan Equity Fund Inc. $JEQ Shares Sold by Uhlmann Price Securities LLC

Uhlmann Price Securities LLC lowered its stake in abrdn Japan Equity Fund Inc. (NYSE:JEQ) by 4.7% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 33,155 shares of the company’s stock after selling 1,639 shares during the quarter. Uhlmann Price Securities LLC’s holdings in abrdn Japan Equity Fund were worth $250,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of JEQ. Tabor Asset Management LP acquired a new stake in abrdn Japan Equity Fund in the first quarter worth about $453,000. Almitas Capital LLC acquired a new stake in abrdn Japan Equity Fund in the 1st quarter valued at about $394,000. Finally, Blue Bell Private Wealth Management LLC lifted its holdings in abrdn Japan Equity Fund by 15.3% in the 1st quarter. Blue Bell Private Wealth Management LLC now owns 29,426 shares of the company’s stock valued at $191,000 after acquiring an additional 3,900 shares during the last quarter. Institutional investors and hedge funds own 62.72% of the company’s stock.

abrdn Japan Equity Fund Price Performance

Shares of NYSE JEQ opened at $8.06 on Monday. abrdn Japan Equity Fund Inc. has a twelve month low of $5.58 and a twelve month high of $8.88. The firm has a 50-day moving average of $8.25 and a two-hundred day moving average of $7.46.

abrdn Japan Equity Fund Announces Dividend

The company also recently disclosed a special dividend, which was paid on Tuesday, October 7th. Shareholders of record on Monday, September 29th were paid a dividend of $0.6944 per share. The ex-dividend date of this dividend was Monday, September 29th.

abrdn Japan Equity Fund Company Profile

Abrdn Japan Equity Fund Inc is a close ended equity mutual fund launched and managed by Aberdeen Standard Investments (Asia) Limited. It invests in the public equity markets of Japan. The fund invests in stocks of companies operating across diversified sectors. It employs quantitative analysis to build its portfolio.