Kraft Davis & Associates LLC Sells 426 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Kraft Davis & Associates LLC reduced its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 0.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 91,993 shares of the company’s stock after selling 426 shares during the period. VanEck Semiconductor ETF accounts for approximately 5.2% of Kraft Davis & Associates LLC’s investment portfolio, making the stock its 3rd biggest holding. Kraft Davis & Associates LLC owned approximately 0.13% of VanEck Semiconductor ETF worth $17,323,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Sanctuary Wealth Management L.L.C. bought a new position in shares of VanEck Semiconductor ETF in the 3rd quarter worth $25,000. Macroview Investment Management LLC increased its position in shares of VanEck Semiconductor ETF by 245.2% during the fourth quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock worth $25,000 after acquiring an additional 103 shares in the last quarter. FinTrust Capital Advisors LLC raised its holdings 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 worth $26,000 after acquiring an additional 138 shares during the last quarter. Horizon Investments LLC lifted its position in VanEck Semiconductor ETF by 96.7% in the 2nd quarter. Horizon Investments LLC now owns 177 shares of the company’s stock valued at $27,000 after acquiring an additional 87 shares in the last quarter. Finally, Covestor Ltd acquired a new position in VanEck Semiconductor ETF during the 1st quarter valued at about $27,000.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock traded down $9.42 on Friday, hitting $199.21. The company had a trading volume of 13,580,487 shares, compared to its average volume of 8,782,318. The stock has a market capitalization of $16.63 billion, a price-to-earnings ratio of 17.70 and a beta of 1.78. VanEck Semiconductor ETF has a 1 year low of $118.57 and a 1 year high of $239.14. The stock has a 50 day moving average of $217.17 and a 200-day moving average of $183.23.

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.