Hsbc Holdings PLC Cuts Stock Holdings in VanEck Semiconductor ETF $SMH

Hsbc Holdings PLC lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 33.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 10,555 shares of the company’s stock after selling 5,273 shares during the quarter. Hsbc Holdings PLC’s holdings in VanEck Semiconductor ETF were worth $3,816,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in SMH. AQR Capital Management LLC increased its stake in VanEck Semiconductor ETF by 4.8% during the first quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock worth $504,000 after acquiring an additional 109 shares during the last quarter. Empowered Funds LLC lifted its stake in shares of VanEck Semiconductor ETF by 32.5% in the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock valued at $2,493,000 after purchasing an additional 2,890 shares in the last quarter. EverSource Wealth Advisors LLC lifted its stake in shares of VanEck Semiconductor ETF by 28.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $133,000 after purchasing an additional 106 shares in the last quarter. First Trust Advisors LP purchased a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $370,000. Finally, Gamco Investors INC. ET AL purchased a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $1,116,000.

VanEck Semiconductor ETF Stock Performance

SMH opened at $611.61 on Monday. VanEck Semiconductor ETF has a 1 year low of $272.16 and a 1 year high of $671.83. The firm has a 50 day moving average price of $570.31 and a 200 day moving average price of $455.18. The company has a market cap of $71.06 billion, a PE ratio of 34.83 and a beta of 1.72.

VanEck Semiconductor ETF Profile

(Free Report)

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.

Read More

Want to see what other hedge funds are holding SMH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for VanEck Semiconductor ETF (NASDAQ:SMHFree Report).

Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.