Sowell Financial Services LLC Decreases Stock Holdings in VanEck Semiconductor ETF $SMH

Sowell Financial Services LLC lowered its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 7.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,367 shares of the company’s stock after selling 3,273 shares during the quarter. Sowell Financial Services LLC’s holdings in VanEck Semiconductor ETF were worth $14,537,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in SMH. Bank of Nova Scotia increased its holdings in shares of VanEck Semiconductor ETF by 24,986.6% in the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock worth $246,437,000 after buying an additional 752,097 shares during the last quarter. Capital Markets Trading UK LLP lifted its holdings in shares of VanEck Semiconductor ETF by 100.7% in the 3rd quarter. Capital Markets Trading UK LLP now owns 4,319 shares of the company’s stock valued at $1,410,000 after acquiring an additional 617,050 shares during the last quarter. CMT Capital Markets Trading GmbH lifted its holdings in shares of VanEck Semiconductor ETF by 102.0% in the 2nd quarter. CMT Capital Markets Trading GmbH now owns 10,437 shares of the company’s stock valued at $2,910,000 after acquiring an additional 531,232 shares during the last quarter. Schonfeld Strategic Advisors LLC grew its position in VanEck Semiconductor ETF by 104.6% in the third quarter. Schonfeld Strategic Advisors LLC now owns 10,908 shares of the company’s stock worth $3,560,000 after acquiring an additional 247,500 shares in the last quarter. Finally, Quadrature Capital Ltd grew its position in VanEck Semiconductor ETF by 3,365.8% in the third quarter. Quadrature Capital Ltd now owns 179,946 shares of the company’s stock worth $58,725,000 after acquiring an additional 174,754 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $392.32 on Monday. VanEck Semiconductor ETF has a 1-year low of $170.11 and a 1-year high of $427.94. The business’s 50 day moving average is $399.02 and its two-hundred day moving average is $370.58. The stock has a market capitalization of $41.88 billion, a P/E ratio of 34.83 and a beta of 1.52.

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.