Sigma Planning Corp Reduces Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Sigma Planning Corp decreased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 56.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 9,085 shares of the company’s stock after selling 11,876 shares during the quarter. Sigma Planning Corp’s holdings in VanEck Semiconductor ETF were worth $1,589,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in SMH. CI Investments Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 166.7% in the third quarter. CI Investments Inc. now owns 1,553,303 shares of the company’s stock worth $225,198,000 after buying an additional 970,943 shares during the last quarter. Meitav Investment House Ltd. raised its stake in VanEck Semiconductor ETF by 103.2% during the 4th quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock worth $127,948,000 after acquiring an additional 371,831 shares during the period. Jane Street Group LLC raised its stake in VanEck Semiconductor ETF by 28.2% during the 1st quarter. Jane Street Group LLC now owns 1,080,467 shares of the company’s stock worth $284,368,000 after acquiring an additional 237,394 shares during the period. International Assets Investment Management LLC bought a new stake in VanEck Semiconductor ETF during the 4th quarter worth approximately $40,189,000. Finally, Morgan Stanley raised its stake in VanEck Semiconductor ETF by 25.8% during the 4th quarter. Morgan Stanley now owns 810,841 shares of the company’s stock worth $164,552,000 after acquiring an additional 166,418 shares during the period.

VanEck Semiconductor ETF Trading Down 4.5 %

NASDAQ SMH opened at $199.21 on Monday. VanEck Semiconductor ETF has a 12 month low of $118.57 and a 12 month high of $239.14. The stock has a market cap of $16.63 billion, a price-to-earnings ratio of 17.70 and a beta of 1.35. The company’s 50 day moving average is $217.17 and its two-hundred day moving average is $183.78.

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.