Semtech Gains Traction with Institutional Investor Support
GSA Capital Partners LLP acquired $2.03 million worth of Semtech Corporation (NASDAQ:SMTC) stock in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The firm purchased 12,560 shares of Semtech's semiconductor products, valuing them at approximately $2,033,000.
Other institutional investors have also increased their stakes in Semtech. Royce & Associates LP boosted its holdings by 144.5% during the fourth quarter and now owns 107,617 shares worth $7,930,000. Geode Capital Management LLC increased its stake in the company's stock by 0.3% during the same period.
Swiss National Bank also lifted its position in Semtech by 6.9% during the first quarter and now owns 183,000 shares worth $14,071,000.