VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Hilltop Holdings Inc.

Hilltop Holdings Inc. trimmed its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 80.8% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,389 shares of the company’s stock after selling 5,859 shares during the period. Hilltop Holdings Inc.’s holdings in VanEck Semiconductor ETF were worth $341,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Mendota Financial Group LLC acquired a new position in VanEck Semiconductor ETF during the third quarter worth $25,000. Chilton Capital Management LLC acquired a new position in VanEck Semiconductor ETF during the 2nd quarter worth about $26,000. Innealta Capital LLC purchased a new position in VanEck Semiconductor ETF during the 2nd quarter valued at about $28,000. Financial Management Professionals Inc. acquired a new position in VanEck Semiconductor ETF in the 3rd quarter valued at about $28,000. Finally, TD Capital Management LLC purchased a new stake in VanEck Semiconductor ETF during the second quarter worth about $29,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $248.61 on Friday. The company’s 50-day simple moving average is $248.47 and its 200-day simple moving average is $247.43. VanEck Semiconductor ETF has a 1 year low of $158.22 and a 1 year high of $283.07. The stock has a market capitalization of $24.63 billion, a PE ratio of 18.82 and a beta of 1.35.

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.