VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Safeguard Financial LLC

Safeguard Financial LLC lowered its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 22.2% during the third quarter, Holdings Channel.com reports. The firm owned 2,048 shares of the company’s stock after selling 586 shares during the quarter. Safeguard Financial LLC’s holdings in VanEck Semiconductor ETF were worth $503,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SMH. Jane Street Group LLC raised its position in shares of VanEck Semiconductor ETF by 20.9% during the 1st quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock worth $1,360,049,000 after acquiring an additional 1,045,570 shares in the last quarter. LPL Financial LLC grew its stake in VanEck Semiconductor ETF by 20.9% during the 2nd quarter. LPL Financial LLC now owns 1,629,628 shares of the company’s stock worth $424,844,000 after buying an additional 281,252 shares during the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its stake in VanEck Semiconductor ETF by 46.3% during the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock worth $423,377,000 after buying an additional 514,000 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its stake in VanEck Semiconductor ETF by 109.8% during the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 944,164 shares of the company’s stock worth $246,144,000 after buying an additional 494,164 shares during the last quarter. Finally, Main Management ETF Advisors LLC grew its stake in VanEck Semiconductor ETF by 2.6% during the 2nd quarter. Main Management ETF Advisors LLC now owns 689,520 shares of the company’s stock worth $179,758,000 after buying an additional 17,340 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 0.8 %

NASDAQ:SMH opened at $249.25 on Wednesday. The stock’s 50 day moving average price is $239.67 and its 200 day moving average price is $240.27. The company has a market capitalization of $24.41 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $136.10 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.