Stephens Inc. AR Cuts Holdings in VanEck Semiconductor ETF $SMH

Stephens Inc. AR decreased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 29.1% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,323 shares of the company’s stock after selling 3,825 shares during the period. Stephens Inc. AR’s holdings in VanEck Semiconductor ETF were worth $3,574,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. Berger Financial Group Inc raised its position in shares of VanEck Semiconductor ETF by 1.3% in the 1st quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock worth $636,000 after acquiring an additional 21 shares in the last quarter. Goodman Advisory Group LLC grew its stake in VanEck Semiconductor ETF by 7.8% in the first quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock valued at $122,000 after purchasing an additional 23 shares during the last quarter. Howe & Rusling Inc. grew its stake in VanEck Semiconductor ETF by 4.3% in the first quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock valued at $235,000 after purchasing an additional 25 shares during the last quarter. Brooklyn Investment Group raised its holdings in VanEck Semiconductor ETF by 2.2% in the fourth quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock worth $434,000 after purchasing an additional 26 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. raised its holdings in VanEck Semiconductor ETF by 1.1% in the first quarter. Total Clarity Wealth Management Inc. now owns 2,567 shares of the company’s stock worth $984,000 after purchasing an additional 27 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $593.00 on Thursday. VanEck Semiconductor ETF has a one year low of $279.19 and a one year high of $671.83. The firm has a market cap of $70.09 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71. The firm has a 50-day simple moving average of $591.36 and a two-hundred day simple moving average of $469.36.

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.