VanEck Semiconductor ETF (NASDAQ:SMH) Position Lessened by Quantbot Technologies LP

Quantbot Technologies LP lowered its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 12.0% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,665 shares of the company’s stock after selling 1,459 shares during the quarter. Quantbot Technologies LP’s holdings in VanEck Semiconductor ETF were worth $2,400,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of SMH. Meitav Investment House Ltd. increased its position in VanEck Semiconductor ETF by 103.2% during the fourth quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock worth $127,948,000 after buying an additional 371,831 shares during the last quarter. Saudi Central Bank acquired a new position in shares of VanEck Semiconductor ETF during the 4th quarter valued at about $105,273,000. Himension Capital Singapore PTE. LTD. raised its stake in shares of VanEck Semiconductor ETF by 358.4% in the 4th quarter. Himension Capital Singapore PTE. LTD. now owns 318,624 shares of the company’s stock valued at $55,718,000 after acquiring an additional 249,112 shares in the last quarter. Raymond James Financial Services Advisors Inc. lifted its holdings in VanEck Semiconductor ETF by 5.2% in the 1st quarter. Raymond James Financial Services Advisors Inc. now owns 310,506 shares of the company’s stock worth $69,861,000 after purchasing an additional 15,316 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in VanEck Semiconductor ETF by 49.1% during the first quarter. Commonwealth Equity Services LLC now owns 270,842 shares of the company’s stock worth $60,937,000 after purchasing an additional 89,151 shares during the period.

VanEck Semiconductor ETF Stock Up 1.3 %

Shares of NASDAQ:SMH traded up $3.43 during trading on Friday, reaching $274.45. The stock had a trading volume of 8,390,223 shares, compared to its average volume of 8,095,467. The stock has a fifty day simple moving average of $250.65 and a two-hundred day simple moving average of $219.75. VanEck Semiconductor ETF has a 52 week low of $136.10 and a 52 week high of $283.07. The firm has a market capitalization of $23.83 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.

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.