Barclays PLC Raises Holdings in GCT Semiconductor Holding, Inc. (NYSE:GCTS)

Barclays PLC boosted its position in GCT Semiconductor Holding, Inc. (NYSE:GCTS) by 321.3% during the third quarter, Holdings Channel.com reports. The fund owned 10,799 shares of the company’s stock after purchasing an additional 8,236 shares during the quarter. Barclays PLC’s holdings in GCT Semiconductor were worth $36,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC lifted its holdings in shares of GCT Semiconductor by 2.0% during the 3rd quarter. Geode Capital Management LLC now owns 423,584 shares of the company’s stock valued at $1,419,000 after acquiring an additional 8,458 shares in the last quarter. State Street Corp raised its position in GCT Semiconductor by 10.9% in the third quarter. State Street Corp now owns 150,095 shares of the company’s stock valued at $503,000 after purchasing an additional 14,786 shares during the period. FMR LLC acquired a new position in shares of GCT Semiconductor during the third quarter worth about $134,000. Charles Schwab Investment Management Inc. boosted its position in shares of GCT Semiconductor by 141.9% in the third 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. Finally, Rhumbline Advisers purchased a new stake in shares of GCT Semiconductor in the second quarter worth about $37,000. Hedge funds and other institutional investors own 28.06% of the company’s stock.

GCT Semiconductor Trading Down 2.8 %

Shares of NYSE:GCTS opened at $2.40 on Friday. GCT Semiconductor Holding, Inc. has a one year low of $2.12 and a one year high of $56.00. The business’s 50-day simple moving average is $2.45 and its 200 day simple moving average is $2.98.

GCT Semiconductor Company 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.