Industrial Alliance Investment Management Inc. cut its position in Lam Research Co. ( NASDAQ:LRCX – Free Report ) by 42.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,940 shares of the semiconductor company's stock after selling 6,469 shares during the quarter. Industrial Alliance Investment Management Inc.'s holdings in Lam Research were worth $4,739,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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