Jefferies Financial Group Inc. Lowers Holdings in VanEck Semiconductor ETF $SMH

Jefferies Financial Group Inc. trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 57.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 9,732 shares of the company’s stock after selling 13,307 shares during the period. Jefferies Financial Group Inc.’s holdings in VanEck Semiconductor ETF were worth $3,505,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SMH. Alpha Cubed Investments LLC grew its stake in VanEck Semiconductor ETF by 2.5% during the 3rd quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock worth $382,000 after buying an additional 28 shares during the last quarter. Hazlett Burt & Watson Inc. grew its stake in VanEck Semiconductor ETF by 24.1% during the 3rd quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock worth $46,000 after buying an additional 28 shares during the last quarter. Armstrong Advisory Group Inc. grew its stake in VanEck Semiconductor ETF by 1.8% during the 4th quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock worth $585,000 after buying an additional 29 shares during the last quarter. Ritholtz Wealth Management grew its stake in VanEck Semiconductor ETF by 0.6% during the 4th quarter. Ritholtz Wealth Management now owns 5,084 shares of the company’s stock worth $1,831,000 after buying an additional 32 shares during the last quarter. Finally, Retirement Planning Co of New England Inc. grew its stake in VanEck Semiconductor ETF by 4.2% during the 3rd quarter. Retirement Planning Co of New England Inc. now owns 864 shares of the company’s stock worth $282,000 after buying an additional 35 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $602.14 on Wednesday. The company has a market cap of $69.96 billion, a P/E ratio of 34.83 and a beta of 1.70. The stock has a fifty day moving average price of $471.57 and a 200 day moving average price of $411.65. VanEck Semiconductor ETF has a 12 month low of $235.37 and a 12 month high of $603.97.

About VanEck Semiconductor ETF

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.