VanEck Semiconductor ETF $SMH Shares Sold by Hsbc Holdings PLC

Hsbc Holdings PLC decreased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 33.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,555 shares of the company’s stock after selling 5,273 shares during the period. Hsbc Holdings PLC’s holdings in VanEck Semiconductor ETF were worth $3,816,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. AQR Capital Management LLC lifted its position in VanEck Semiconductor ETF by 4.8% during the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock worth $504,000 after acquiring an additional 109 shares in the last quarter. Empowered Funds LLC grew its position in VanEck Semiconductor ETF by 32.5% in the first quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock valued at $2,493,000 after acquiring an additional 2,890 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in VanEck Semiconductor ETF by 28.6% in the second quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $133,000 after acquiring an additional 106 shares in the last quarter. First Trust Advisors LP purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $370,000. Finally, Gamco Investors INC. ET AL purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $1,116,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $611.61 on Monday. The stock has a market cap of $71.06 billion, a P/E ratio of 34.83 and a beta of 1.72. The company’s fifty day simple moving average is $570.31 and its 200-day simple moving average is $455.18. VanEck Semiconductor ETF has a 52 week low of $272.16 and a 52 week high of $671.83.

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.