HighPoint Advisor Group LLC increased its investment in Taiwan Semiconductor Manufacturing Company Ltd. (NYSE: TSM) by 14.9% in the third quarter. The firm added 2,883 shares, bringing its total holdings to 22,222 shares.
This move reflects a growing interest in the semiconductor sector by institutional investors during the period.
**Why this matters**
Taiwan Semiconductor Manufacturing Company is a key player in the global semiconductor industry, supplying chips to numerous technology companies. Changes in institutional ownership can signal confidence in the company’s prospects and may influence market perceptions.
Source: NewsData