VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Synovus Financial Corp

Synovus Financial Corp trimmed its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 12.1% in the 4th quarter, HoldingsChannel reports. The firm owned 6,553 shares of the company’s stock after selling 905 shares during the period. Synovus Financial Corp’s holdings in VanEck Semiconductor ETF were worth $1,588,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the stock. Raymond James Financial Inc. purchased a new position in shares of VanEck Semiconductor ETF in the 4th quarter valued at about $144,385,000. JPMorgan Chase & Co. lifted its stake in VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after acquiring an additional 424,042 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its stake in VanEck Semiconductor ETF by 144.3% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after acquiring an additional 202,744 shares during the last quarter. Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD acquired a new position in VanEck Semiconductor ETF during the 4th quarter worth approximately $28,664,000. Finally, Strategic Financial Concepts LLC purchased a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at approximately $24,934,000.

VanEck Semiconductor ETF Trading Up 0.6 %

VanEck Semiconductor ETF stock opened at $202.92 on Wednesday. The company has a fifty day simple moving average of $224.10 and a 200-day simple moving average of $240.08. The stock has a market cap of $18.33 billion, a P/E ratio of 25.25 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $283.07.

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.