Tradewinds LLC. Sells 3,411 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Tradewinds LLC. trimmed its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 59.0% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,367 shares of the company’s stock after selling 3,411 shares during the quarter. Tradewinds LLC.’s holdings in VanEck Semiconductor ETF were worth $592,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its holdings in shares of VanEck Semiconductor ETF by 10.3% during the 4th quarter. JPMorgan Chase & Co. now owns 1,437,381 shares of the company’s stock valued at $348,091,000 after buying an additional 133,724 shares in the last quarter. Main Management ETF Advisors LLC boosted its stake in VanEck Semiconductor ETF by 36.7% during the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after acquiring an additional 253,300 shares in the last quarter. Meitav Investment House Ltd. grew its holdings in VanEck Semiconductor ETF by 4.1% in the fourth quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock worth $151,269,000 after purchasing an additional 24,516 shares during the period. Raymond James Financial Inc. bought a new position in shares of VanEck Semiconductor ETF during the fourth quarter valued at approximately $144,385,000. Finally, Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of VanEck Semiconductor ETF by 144.3% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after purchasing an additional 202,744 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 0.3 %

Shares of SMH opened at $211.47 on Tuesday. The stock has a market cap of $20.02 billion, a P/E ratio of 31.46 and a beta of 1.35. The business’s 50 day moving average price is $237.44 and its 200-day moving average price is $243.97. VanEck Semiconductor ETF has a 52 week low of $198.44 and a 52 week high of $283.07.

VanEck Semiconductor ETF 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.