Hilltop Holdings Inc. cut its holdings in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 97.7% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,230 shares of the company’s stock after selling 53,088 shares during the period. Hilltop Holdings Inc.’s holdings in VanEck Semiconductor ETF were worth $472,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. WealthCollab LLC bought a new position in shares of VanEck Semiconductor ETF in the fourth quarter valued at approximately $28,000. Investment Counsel Co. of Nevada purchased a new position in VanEck Semiconductor ETF during the fourth quarter valued at approximately $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 bought a new stake in VanEck Semiconductor ETF during the 4th quarter worth approximately $40,000. Finally, CENTRAL TRUST Co lifted its stake in VanEck Semiconductor ETF by 66.7% in the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares in the last quarter.
VanEck Semiconductor ETF Price Performance
Shares of NASDAQ:SMH opened at $548.55 on Tuesday. The firm has a fifty day moving average price of $600.83 and a two-hundred day moving average price of $488.94. VanEck Semiconductor ETF has a one year low of $279.19 and a one year high of $671.83. The company has a market cap of $66.12 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71.
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.
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