Northern Trust Corp, a financial institution, decreased its position in Monolithic Power Systems, Inc. (NASDAQ:MPWR) by 3.0% in the fourth quarter of 2024. According to its most recent 13F filing with the Securities and Exchange Commission (SEC), the fund sold 13,670 shares of the semiconductor company's stock, bringing its total holdings to 446,107 shares. This represents a decrease in ownership of approximately 3.0%. Northern Trust Corp's stake in Monolithic Power Systems was valued at $281,395,000 as of its most recent filing with the SEC. Other institutional investors have also made modifications to their holdings of Monolithic Power Systems. Baader Bank Aktiengesellschaft raised its stake in the company by 0.8% during the fourth quarter, while EverSource Wealth Advisors LLC increased its stake by 23.4%. American National Bank and Quadrant Capital Group LLC also raised their stakes by 1.5% and 4.3% respectively. Massmutual Trust Co. FSB ADV raised its stake by 12.3%. Hedge funds and other institutional investors now own 93.46% of Monolithic Power Systems' stock [ed221de3].
The latest news from MarketBeat reveals that Northern Trust Corp has reduced its stock holdings in Monolithic Power Systems, Inc. by 3.0% in the fourth quarter of 2024. The financial institution sold 13,670 shares of the semiconductor company's stock, bringing its total holdings to 446,107 shares. This decrease in ownership represents approximately 3.0% of the company's stock. The value of Northern Trust Corp's stake in Monolithic Power Systems was $281,395,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other institutional investors, such as Baader Bank Aktiengesellschaft, EverSource Wealth Advisors LLC, American National Bank, Quadrant Capital Group LLC, and Massmutual Trust Co. FSB ADV, have also made modifications to their holdings of Monolithic Power Systems. Hedge funds and other institutional investors now own 93.46% of the company's stock [ed221de3].