L & S Advisors Inc Sells 980 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

L & S Advisors Inc reduced its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 37.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,664 shares of the company’s stock after selling 980 shares during the period. L & S Advisors Inc’s holdings in VanEck Semiconductor ETF were worth $403,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in SMH. Maridea Wealth Management LLC acquired a new position in shares of VanEck Semiconductor ETF in the 4th quarter valued at about $795,000. Brown Brothers Harriman & Co. boosted its stake in VanEck Semiconductor ETF by 10.2% during the fourth quarter. Brown Brothers Harriman & Co. now owns 2,737 shares of the company’s stock worth $663,000 after acquiring an additional 254 shares in the last quarter. RiverFront Investment Group LLC increased its stake in VanEck Semiconductor ETF by 7.7% in the fourth quarter. RiverFront Investment Group LLC now owns 89,935 shares of the company’s stock valued at $21,780,000 after purchasing an additional 6,396 shares in the last quarter. Level Four Advisory Services LLC boosted its position in shares of VanEck Semiconductor ETF by 2.4% during the 4th quarter. Level Four Advisory Services LLC now owns 27,118 shares of the company’s stock worth $6,567,000 after purchasing an additional 630 shares in the last quarter. Finally, Orion Portfolio Solutions LLC boosted its holdings in VanEck Semiconductor ETF by 271.9% in the fourth quarter. Orion Portfolio Solutions LLC now owns 31,817 shares of the company’s stock worth $7,705,000 after acquiring an additional 23,262 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 2.6 %

Shares of SMH opened at $212.17 on Monday. The business’s fifty day moving average is $238.37 and its 200 day moving average is $244.12. VanEck Semiconductor ETF has a 12-month low of $198.44 and a 12-month high of $283.07. The stock has a market cap of $20.09 billion, a P/E ratio of 31.46 and a beta of 1.35.

VanEck Semiconductor ETF Company Profile

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.