Schafer Cullen Capital Management Inc. Reduces Position in Siliconware Precision Industries Company, Ltd. (SPIL)

Schafer Cullen Capital Management Inc. reduced its stake in Siliconware Precision Industries Company, Ltd. (NASDAQ:SPIL) by 16.6% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 771,641 shares of the semiconductor company’s stock after selling 153,476 shares during the period. Schafer Cullen Capital Management Inc. owned 0.12% of Siliconware Precision Industries Company worth $6,243,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the company. Ameriprise Financial Inc. boosted its position in shares of Siliconware Precision Industries Company by 21.0% in the first quarter. Ameriprise Financial Inc. now owns 13,847 shares of the semiconductor company’s stock valued at $112,000 after buying an additional 2,401 shares during the last quarter. Karp Capital Management Corp purchased a new position in shares of Siliconware Precision Industries Company during the first quarter valued at about $14,507,000. World Asset Management Inc boosted its position in shares of Siliconware Precision Industries Company by 1.5% in the first quarter. World Asset Management Inc now owns 38,833 shares of the semiconductor company’s stock valued at $314,000 after buying an additional 580 shares during the last quarter. Comerica Bank boosted its position in shares of Siliconware Precision Industries Company by 1.3% in the first quarter. Comerica Bank now owns 35,736 shares of the semiconductor company’s stock valued at $288,000 after buying an additional 464 shares during the last quarter. Finally, US Bancorp DE boosted its position in shares of Siliconware Precision Industries Company by 16.7% in the first quarter. US Bancorp DE now owns 52,545 shares of the semiconductor company’s stock valued at $425,000 after buying an additional 7,501 shares during the last quarter. 3.32% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Siliconware Precision Industries Company (NASDAQ:SPIL)

Siliconware Precision Industries Company, Ltd. (NASDAQ SPIL) traded up 0.25% on Friday, hitting $8.13. The stock had a trading volume of 52,538 shares. Siliconware Precision Industries Company, Ltd. has a 12 month low of $7.05 and a 12 month high of $8.39. The stock has a market cap of $5.07 billion, a P/E ratio of 20.33 and a beta of 0.37. The company’s 50 day moving average is $8.18 and its 200-day moving average is $7.83.

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Siliconware Precision Industries Company Company Profile

Siliconware Precision Industries Co, Ltd. is a Taiwan-based company mainly engaged in the provision of packaging and testing services of integrated circuits (ICs) and related products. The Company’s businesses include the manufacture, processing, assembly, testing and importing and exporting of ICs, transistors, light emitting diode (LED) digital displays, LED lights, liquid crystal display (LCD) clock cores, phototransistors, synthesis circuits, as well as thin film circuits and thick film circuits.

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