VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Independence Bank of Kentucky

Independence Bank of Kentucky decreased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 28.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,080 shares of the company’s stock after selling 1,195 shares during the quarter. Independence Bank of Kentucky’s holdings in VanEck Semiconductor ETF were worth $651,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SMH. LMR Partners LLP raised its holdings in shares of VanEck Semiconductor ETF by 100.1% in the 4th quarter. LMR Partners LLP now owns 1,474 shares of the company’s stock valued at $357,000 after purchasing an additional 1,381,969 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth about $144,385,000. CMT Capital Markets Trading GmbH raised its position in shares of VanEck Semiconductor ETF by 101.1% during the 4th quarter. CMT Capital Markets Trading GmbH now owns 6,049 shares of the company’s stock worth $1,466,000 after acquiring an additional 537,538 shares in the last quarter. D. E. Shaw & Co. Inc. purchased a new stake in VanEck Semiconductor ETF during the fourth quarter worth approximately $121,329,000. Finally, JPMorgan Chase & Co. boosted its holdings 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 valued at $319,983,000 after purchasing an additional 424,042 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 0.6%

Shares of VanEck Semiconductor ETF stock opened at $252.73 on Friday. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $283.07. The firm’s 50 day moving average is $219.82 and its two-hundred day moving average is $234.17. The firm has a market capitalization of $22.89 billion, a P/E ratio of 30.48 and a beta of 1.35.

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.