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Channing Capital Management LLC Invests $70.72 Million in IPG Photonics Co. (NASDAQ:IPGP)

Channing Capital Management LLC bought a new position in shares of IPG Photonics Co. (NASDAQ:IPGP – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 651,546 shares of the semiconductor company’s stock, valued at approximately $70,719,000. IPG Photonics […] ....

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