Raymond James Financial Services Advisors Inc. lowered its position in QUALCOMM Incorporated ( NASDAQ:QCOM – Get Rating ) by 3.8% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 850,140 shares of the wireless technology company's stock after selling 34,037 shares during the period. Raymond James Financial Services Advisors Inc. owned 0.08% of QUALCOMM worth $108,461,000 at the end of the most recent quarter. Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company.

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