The markets traded higher during the midday with the Dow gaining 34 points to 17,119. Nasdaq added 2 points to 4,833.

On the upside

Insider Monkey reported that hedge funds have increased their holdings in Lattice Semiconductor (Nasdaq: LSCC).

Shares of MeetMe (Nasdaq: MEET) continued rising.

Heron Therapeutics (Nasdaq: HRTX) named Neil J. Clendeninn, M.D., Ph.D. to the position of chief medical officer.

On the downside

Profit taking continued to weigh down shares of Stone Energy (NYSE: SGY).

Insider Monkey noted that fewer hedge funds reported holdings in Bonanza Creek Energy (NYSE: BCEI).

Re/Code reported that Twitter (NYSE: TWTR) had plans to layoff engineers.

In the broad market, advancing issues outpaced decliners by a margin of nearly 10 to 9 on the NYSE while declines edged out advancers by 10 to 9 on Nasdaq. The broader S&P 500 held steady at 2,015. Bitcoin lost $1 to $244.