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flag Financial firms increased holdings in semiconductor giant Broadcom, acquiring millions in shares.

flag Financial firms Meridiem Capital Partners LP and OMERS Administration Corp have increased their holdings in semiconductor company Broadcom Inc. (NASDAQ: AVGO). flag Meridiem acquired 135,888 shares valued at about $31.5 million, while OMERS boosted its ownership by 1.2%, holding a total of 1,251,794 shares. flag Broadcom, with a market cap of $1.04 trillion, has a PE ratio of 180.74 and a beta of 1.04.

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