JLB & Associates Inc. lessened its position in shares of Cadence Design Systems, Inc. ( NASDAQ:CDNS – Free Report ) by 2.9% in the first quarter, Holdings Channel reports. The fund owned 7,031 shares of the software maker's stock after selling 212 shares during the quarter. JLB & Associates Inc.'s holdings in Cadence Design Systems were worth $1,477,000 as of its most recent filing with the SEC. A number of other hedge funds also recently bought and sold shares of the company. Wealth Enhancement Advisory Services LLC increased its position in Cadence Design Systems by 10.

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