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

Stevens Capital Management LP lessened its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 67.2% during the fourth quarter, Holdings Channel.com reports. The firm 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.

Other institutional investors and hedge funds have also bought and sold shares of the company. CI Investments Inc. boosted its position in VanEck Semiconductor ETF by 166.7% during the third quarter. CI Investments Inc. now owns 1,553,303 shares of the company’s stock valued at $225,198,000 after acquiring an additional 970,943 shares during the last quarter. Meitav Investment House Ltd. boosted its stake in VanEck Semiconductor ETF by 103.2% during the fourth quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock worth $127,948,000 after acquiring an additional 371,831 shares in the last quarter. International Assets Investment Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at about $40,189,000. Raymond James Financial Services Advisors Inc. boosted its holdings in VanEck Semiconductor ETF by 103.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 295,190 shares of the company’s stock worth $51,620,000 after acquiring an additional 150,444 shares in the last quarter. Finally, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management acquired a new position in VanEck Semiconductor ETF during the third quarter worth $18,775,000.

VanEck Semiconductor ETF Trading Up 2.6 %

Shares of SMH traded up $5.44 on Friday, reaching $217.64. The company’s stock had a trading volume of 6,362,552 shares, compared to its average volume of 8,718,232. The stock has a market capitalization of $18.34 billion, a PE ratio of 17.70 and a beta of 1.35. VanEck Semiconductor ETF has a twelve month low of $118.57 and a twelve month high of $239.14. The firm has a fifty day moving average of $217.62 and a 200-day moving average of $184.96.

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.