Stevens Capital Management LP Has $1.35 Million Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Stevens Capital Management LP cut its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 67.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,714 shares of the company’s stock after selling 15,780 shares during the quarter. Stevens Capital Management LP’s holdings in VanEck Semiconductor ETF were worth $1,349,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the company. Sanctuary Wealth Management L.L.C. bought a new stake in VanEck Semiconductor ETF in the third quarter valued at about $25,000. Macroview Investment Management LLC boosted its holdings in VanEck Semiconductor ETF by 245.2% during the fourth quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock valued at $25,000 after purchasing an additional 103 shares in the last quarter. FinTrust Capital Advisors LLC grew its stake in shares of VanEck Semiconductor ETF by 363.2% in the 3rd quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock valued at $26,000 after purchasing an additional 138 shares during the period. Baker Avenue Asset Management LP grew its stake in shares of VanEck Semiconductor ETF by 100.8% in the 3rd quarter. Baker Avenue Asset Management LP now owns 256 shares of the company’s stock valued at $37,000 after purchasing an additional 32,000 shares during the period. Finally, Banque Cantonale Vaudoise raised its holdings in shares of VanEck Semiconductor ETF by 250.0% in the 3rd quarter. Banque Cantonale Vaudoise now owns 280 shares of the company’s stock worth $41,000 after buying an additional 200 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock traded up $5.44 during midday trading on Friday, hitting $217.64. 6,362,552 shares of the company were exchanged, compared to its average volume of 8,718,232. The firm has a 50 day simple moving average of $217.62 and a 200-day simple moving average of $184.96. The firm has a market cap of $18.34 billion, a P/E ratio of 17.70 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $118.57 and a 52 week high of $239.14.

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.