Ethic Inc. Raises Its Advanced Micro Devices Stake in Third Quarter
· 1 sources
MarketBeat reports Ethic Inc. increased its Advanced Micro Devices (AMD) holding by 5.7% in the third quarter, based on an SEC filing.
What happened
MarketBeat reports that Ethic Inc. added to its position in Advanced Micro Devices (NASDAQ: AMD) during the third quarter. The increase was 5.7%, according to the firm's most recent filing with the Securities and Exchange Commission.
The same report says the purchase involved 9,931 shares. After the addition, Ethic Inc. owned 182,801 shares of the semiconductor manufacturer.
Context
Institutional investors disclose their holdings in regulatory filings with the SEC, which is how changes in positions like this one become public.
Why it matters
Filings like this show how institutional investors adjust their holdings in AMD, though a single position change says little on its own about the company.
Stocks in this story
Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.
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