Group One Trading LLC Sells 12,491 Shares of VanEck Semiconductor ETF $SMH

Group One Trading LLC reduced its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 86.4% in the first quarter, Holdings Channel reports. The institutional investor owned 1,964 shares of the company’s stock after selling 12,491 shares during the period. Group One Trading LLC’s holdings in VanEck Semiconductor ETF were worth $753,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in SMH. WealthCollab LLC bought a new position in VanEck Semiconductor ETF in the 4th quarter valued at about $28,000. Investment Counsel Co. of Nevada acquired a new position in VanEck Semiconductor ETF during the 4th quarter valued at about $35,000. Core Wealth Advisors LLC bought a new stake in VanEck Semiconductor ETF during the 4th quarter worth approximately $36,000. Jessup Wealth Management Inc purchased a new stake in shares of VanEck Semiconductor ETF in the fourth quarter worth approximately $40,000. Finally, CENTRAL TRUST Co raised its stake in shares of VanEck Semiconductor ETF by 66.7% in the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 0.5%

SMH stock opened at $586.91 on Thursday. The firm has a market capitalization of $71.13 billion, a PE ratio of 34.83 and a beta of 1.71. VanEck Semiconductor ETF has a twelve month low of $279.19 and a twelve month high of $671.83. The stock’s 50 day moving average is $600.65 and its 200-day moving average is $485.06.

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.