VanEck Semiconductor ETF (NASDAQ:SMH) Position Reduced by Stifel Financial Corp

Stifel Financial Corp trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 2.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 129,329 shares of the company’s stock after selling 3,838 shares during the quarter. Stifel Financial Corp owned approximately 0.13% of VanEck Semiconductor ETF worth $31,745,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Quantinno Capital Management LP grew its position in shares of VanEck Semiconductor ETF by 13.2% in the third quarter. Quantinno Capital Management LP now owns 3,509 shares of the company’s stock valued at $861,000 after purchasing an additional 408 shares during the last quarter. IHT Wealth Management LLC raised its holdings in shares of VanEck Semiconductor ETF by 43.2% in the third quarter. IHT Wealth Management LLC now owns 39,779 shares of the company’s stock valued at $9,680,000 after buying an additional 11,997 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in VanEck Semiconductor ETF by 5.0% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 14,501 shares of the company’s stock worth $3,559,000 after buying an additional 685 shares in the last quarter. Cinctive Capital Management LP grew its position in shares of VanEck Semiconductor ETF by 108.6% during the 3rd quarter. Cinctive Capital Management LP now owns 6,867 shares of the company’s stock worth $1,686,000 after buying an additional 86,867 shares during the period. Finally, Atom Investors LP increased its holdings in VanEck Semiconductor ETF by 524.1% in the third quarter. Atom Investors LP now owns 11,183 shares of the company’s stock valued at $2,745,000 after purchasing an additional 9,391 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 0.1 %

SMH opened at $248.61 on Friday. VanEck Semiconductor ETF has a 12 month low of $158.22 and a 12 month high of $283.07. The firm’s fifty day simple moving average is $248.49 and its 200 day simple moving average is $247.62. The stock has a market capitalization of $24.63 billion, a P/E 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.