Black Swift Group LLC Reduces Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Black Swift Group LLC trimmed its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 24.8% during the 3rd quarter, Holdings Channel.com reports. The fund owned 20,010 shares of the company’s stock after selling 6,615 shares during the quarter. VanEck Semiconductor ETF accounts for approximately 1.1% of Black Swift Group LLC’s portfolio, making the stock its 18th largest position. Black Swift Group LLC’s holdings in VanEck Semiconductor ETF were worth $4,911,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of SMH. US Bancorp DE grew its stake in shares of VanEck Semiconductor ETF by 8.6% in the first quarter. US Bancorp DE now owns 5,198 shares of the company’s stock worth $1,170,000 after purchasing an additional 413 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. bought a new stake in shares of VanEck Semiconductor ETF in the 1st quarter worth approximately $477,000. Kingsview Wealth Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the first quarter valued at approximately $3,614,000. HBK Sorce Advisory LLC raised its holdings in shares of VanEck Semiconductor ETF by 79.0% during the first quarter. HBK Sorce Advisory LLC now owns 3,508 shares of the company’s stock valued at $789,000 after acquiring an additional 1,548 shares in the last quarter. Finally, Blair William & Co. IL lifted its stake in VanEck Semiconductor ETF by 10.8% in the first quarter. Blair William & Co. IL now owns 61,689 shares of the company’s stock worth $13,879,000 after acquiring an additional 6,009 shares during the period.

VanEck Semiconductor ETF Stock Up 0.9 %

NASDAQ:SMH opened at $249.80 on Thursday. The firm’s fifty day simple moving average is $245.18 and its 200 day simple moving average is $245.09. The stock has a market cap of $24.75 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $156.56 and a twelve month high of $283.07.

VanEck Semiconductor ETF Company 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.