First Trust Advisors LP Has $364,000 Stake in IXYS Corporation (IXYS)
First Trust Advisors LP decreased its position in IXYS Corporation (NASDAQ:IXYS) by 31.1% during the third quarter, Holdings Channel reports. The institutional investor owned 30,199 shares of the company’s stock after selling 13,658 shares during the period. First Trust Advisors LP owned 0.10% of IXYS Corporation worth $364,000 at the end of the most recent quarter.
Several other hedge funds have also recently bought and sold shares of IXYS. Dimensional Fund Advisors LP increased its position in IXYS Corporation by 4.9% in the second quarter. Dimensional Fund Advisors LP now owns 2,215,639 shares of the company’s stock worth $22,710,000 after buying an additional 104,241 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of IXYS Corporation by 4.9% in the second quarter. JPMorgan Chase & Co. now owns 1,390,314 shares of the company’s stock worth $14,250,000 after buying an additional 64,389 shares in the last quarter. BlackRock Fund Advisors increased its position in shares of IXYS Corporation by 3.2% in the second quarter. BlackRock Fund Advisors now owns 650,218 shares of the company’s stock worth $6,665,000 after buying an additional 20,377 shares in the last quarter. Foundry Partners LLC increased its position in shares of IXYS Corporation by 7.1% in the third quarter. Foundry Partners LLC now owns 518,110 shares of the company’s stock worth $6,243,000 after buying an additional 34,315 shares in the last quarter. Finally, Murphy Michael R acquired a new position in shares of IXYS Corporation during the second quarter worth $5,191,000. Institutional investors own 63.71% of the company’s stock.
Shares of IXYS Corporation (NASDAQ:IXYS) traded up 2.14% during trading on Friday, hitting $11.95. 37,709 shares of the company’s stock were exchanged. The stock has a market cap of $376.86 million, a P/E ratio of 24.34 and a beta of 1.11. IXYS Corporation has a one year low of $9.59 and a one year high of $12.37. The firm has a 50-day moving average price of $11.77 and a 200-day moving average price of $11.34.
Separately, TheStreet downgraded shares of IXYS Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, November 17th.
About IXYS Corporation
IXYS Corporation (IXYS) is a multi-market integrated semiconductor company. The Company is engaged in the development, manufacture and marketing of power semiconductors, mixed-signal integrated circuits (ICs), application specific integrated circuits (ASICs), microcontrollers, systems and radio frequency (RF) power semiconductors.
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