Geode Capital Management LLC Has $1.42 Million Stock Holdings in GCT Semiconductor Holding, Inc. (NYSE:GCTS)

Geode Capital Management LLC lifted its stake in GCT Semiconductor Holding, Inc. (NYSE:GCTS) by 2.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 423,584 shares of the company’s stock after acquiring an additional 8,458 shares during the quarter. Geode Capital Management LLC owned approximately 0.90% of GCT Semiconductor worth $1,419,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Rhumbline Advisers acquired a new stake in GCT Semiconductor in the 2nd quarter valued at about $37,000. Barclays PLC raised its stake in GCT Semiconductor by 321.3% in the third quarter. Barclays PLC now owns 10,799 shares of the company’s stock valued at $36,000 after buying an additional 8,236 shares during the period. Bank of New York Mellon Corp bought a new stake in GCT Semiconductor in the second quarter valued at approximately $89,000. FMR LLC acquired a new stake in shares of GCT Semiconductor in the third quarter valued at approximately $134,000. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of GCT Semiconductor by 141.9% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 42,932 shares of the company’s stock worth $144,000 after acquiring an additional 25,183 shares during the period. Institutional investors own 28.06% of the company’s stock.

GCT Semiconductor Stock Performance

GCTS opened at $2.58 on Friday. The stock’s fifty day simple moving average is $2.48 and its 200 day simple moving average is $3.19. GCT Semiconductor Holding, Inc. has a 1-year low of $2.12 and a 1-year high of $56.00.

GCT Semiconductor Profile

GCT Semiconductor Holding, Inc, operates as a fabless semiconductor company, designs, develops, and markets integrated circuits for the wireless semiconductor industry. The company provides RF and modem chipsets based on 4G LTE technology, including 4G LTE, 4.5G LTE Advanced, and 4.75G LTE Advanced-Pro.