ETRADE Capital Management LLC Has $3,357,000 Position in Taiwan Semiconductor Manufacturing Company Ltd. (TSM)

ETRADE Capital Management LLC increased its position in shares of Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) by 0.7% during the third quarter, Holdings Channel reports. The firm owned 109,750 shares of the company’s stock after buying an additional 779 shares during the period. ETRADE Capital Management LLC’s holdings in Taiwan Semiconductor Manufacturing Company were worth $3,357,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Advisors Preferred LLC bought a new stake in shares of Taiwan Semiconductor Manufacturing Company during the third quarter worth about $120,000. NEXT Financial Group Inc increased its stake in shares of Taiwan Semiconductor Manufacturing Company by 211.0% in the third quarter. NEXT Financial Group Inc now owns 4,227 shares of the company’s stock valued at $129,000 after buying an additional 2,868 shares during the last quarter. WealthTrust Arizona LLC increased its stake in shares of Taiwan Semiconductor Manufacturing Company by 24.8% in the third quarter. WealthTrust Arizona LLC now owns 4,541 shares of the company’s stock valued at $139,000 after buying an additional 902 shares during the last quarter. Howe & Rusling Inc. increased its stake in shares of Taiwan Semiconductor Manufacturing Company by 11.1% in the second quarter. Howe & Rusling Inc. now owns 4,595 shares of the company’s stock valued at $121,000 after buying an additional 458 shares during the last quarter. Finally, Mycio Wealth Partners LLC increased its stake in shares of Taiwan Semiconductor Manufacturing Company by 5.3% in the second quarter. Mycio Wealth Partners LLC now owns 5,266 shares of the company’s stock valued at $138,000 after buying an additional 266 shares during the last quarter. Institutional investors and hedge funds own 20.21% of the company’s stock.

Institutional Ownership by Quarter for Taiwan Semiconductor Manufacturing Company (NYSE:TSM)

Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) traded up 2.31% during mid-day trading on Monday, hitting $31.42. The stock had a trading volume of 2,333,281 shares. Taiwan Semiconductor Manufacturing Company Ltd. has a 52-week low of $21.92 and a 52-week high of $31.61. The firm has a 50-day moving average of $30.10 and a 200-day moving average of $29.79. The stock has a market cap of $162.94 billion, a P/E ratio of 15.11 and a beta of 0.88.

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Several research analysts have commented on TSM shares. Zacks Investment Research upgraded Taiwan Semiconductor Manufacturing Company from a “hold” rating to a “buy” rating and set a $34.00 price objective on the stock in a report on Wednesday, January 11th. Susquehanna Bancshares Inc restated a “neutral” rating on shares of Taiwan Semiconductor Manufacturing Company in a report on Friday, January 6th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $31.00.

About Taiwan Semiconductor Manufacturing Company

Taiwan Semiconductor Manufacturing Company Ltd. is a Taiwan-based company principally engaged in the manufacture and sales of integrated circuits and semiconductors. The main businesses of the Company include the computer-aided design, manufacture, packaging, testing and sales of integrated circuits and other semiconductor devices, as well as the manufacture of masks.

5 Day Chart for NYSE:TSM

Want to see what other hedge funds are holding TSM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM).

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