Headlands Technologies LLC Sells 3,248 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Headlands Technologies LLC cut its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 41.1% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,658 shares of the company’s stock after selling 3,248 shares during the period. Headlands Technologies LLC’s holdings in VanEck Semiconductor ETF were worth $815,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in SMH. Macroview Investment Management LLC lifted its holdings in shares of VanEck Semiconductor ETF by 245.2% during the 4th quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock valued at $25,000 after buying an additional 103 shares during the period. Sanctuary Wealth Management L.L.C. bought a new stake in shares of VanEck Semiconductor ETF during the third quarter valued at approximately $25,000. FinTrust Capital Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 363.2% in the third quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock worth $26,000 after purchasing an additional 138 shares during the last quarter. Baker Avenue Asset Management LP lifted its position in shares of VanEck Semiconductor ETF by 100.8% in the third quarter. Baker Avenue Asset Management LP now owns 256 shares of the company’s stock worth $37,000 after buying an additional 32,000 shares in the last quarter. Finally, Banque Cantonale Vaudoise increased its position in VanEck Semiconductor ETF by 250.0% in the third quarter. Banque Cantonale Vaudoise now owns 280 shares of the company’s stock worth $41,000 after purchasing an additional 200 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH stock traded up $5.44 during trading on Friday, hitting $217.64. 6,365,428 shares of the company’s stock traded hands, compared to its average volume of 8,718,253. VanEck Semiconductor ETF has a 52 week low of $118.57 and a 52 week high of $239.14. The stock has a market capitalization of $18.34 billion, a price-to-earnings ratio of 17.70 and a beta of 1.35. The business has a fifty day simple moving average of $217.94 and a 200 day simple moving average of $185.44.

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.