VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Sfmg LLC

Sfmg LLC trimmed its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 15.0% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,520 shares of the company’s stock after selling 620 shares during the quarter. Sfmg LLC’s holdings in VanEck Semiconductor ETF were worth $852,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hartford Financial Management Inc. boosted its holdings in VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after purchasing an additional 39 shares in the last quarter. Mather Group LLC. boosted its holdings in VanEck Semiconductor ETF by 320.0% in the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock valued at $25,000 after purchasing an additional 80 shares in the last quarter. Ethos Financial Group LLC acquired a new position in VanEck Semiconductor ETF in the fourth quarter valued at approximately $28,000. Darwin Wealth Management LLC acquired a new position in VanEck Semiconductor ETF in the third quarter valued at approximately $29,000. Finally, Hemington Wealth Management boosted its holdings in VanEck Semiconductor ETF by 50.6% in the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after purchasing an additional 44 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 1.0 %

Shares of SMH opened at $224.77 on Friday. The stock has a 50 day moving average price of $241.16 and a 200 day moving average price of $243.87. The company has a market capitalization of $21.28 billion, a price-to-earnings ratio of 31.46 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $198.44 and a 52-week high of $283.07.

About VanEck Semiconductor ETF

The VanEck Semiconductor ETF (SMH) is an exchange-traded fund that is based on the MVIS US Listed Semiconductor 25 index, a market-cap-weighted index of 25 of the largest US-listed semiconductors companies. SMH was launched on May 5, 2000 and is managed by VanEck.