Northern Trust Corp reduced its position in Semtech Corporation (NASDAQ:SMTC – Free Report) by 0.3% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 863,307 shares of the semiconductor company’s stock after selling 2,165 shares during the quarter. Northern Trust Corp owned approximately 1.00% of Semtech worth $29,698,000 as of its most recent filin…