Barclays PLC raised its stake in GCT Semiconductor Holding, Inc. (NYSE:GCTS – Free Report) by 321.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,799 shares of the company’s stock after acquiring an additional 8,236 shares during the quarter. Barclays PLC’s holdings in GCT Semiconductor were worth $36,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in GCTS. Charles Schwab Investment Management Inc. grew its position 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 buying an additional 25,183 shares during the period. FMR LLC acquired a new stake in shares of GCT Semiconductor during the 3rd quarter worth approximately $134,000. State Street Corp grew its position in shares of GCT Semiconductor by 10.9% during the 3rd quarter. State Street Corp now owns 150,095 shares of the company’s stock worth $503,000 after buying an additional 14,786 shares during the period. Bank of New York Mellon Corp acquired a new stake in shares of GCT Semiconductor during the 2nd quarter worth approximately $89,000. Finally, Rhumbline Advisers acquired a new stake in shares of GCT Semiconductor during the 2nd quarter worth approximately $37,000. Institutional investors and hedge funds own 28.06% of the company’s stock.
GCT Semiconductor Trading Down 2.7 %
Shares of NYSE:GCTS opened at $2.51 on Friday. GCT Semiconductor Holding, Inc. has a one year low of $2.12 and a one year high of $56.00. The company has a 50 day moving average of $2.48 and a 200-day moving average of $3.17.
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.
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