Jefferies Financial Group Inc. Reduces Stock Holdings in VanEck Semiconductor ETF $SMH

Jefferies Financial Group Inc. cut its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 57.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,732 shares of the company’s stock after selling 13,307 shares during the period. Jefferies Financial Group Inc.’s holdings in VanEck Semiconductor ETF were worth $3,505,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. EverSource Wealth Advisors LLC grew its position in shares of VanEck Semiconductor ETF by 86.8% during the fourth quarter. EverSource Wealth Advisors LLC now owns 1,046 shares of the company’s stock worth $377,000 after acquiring an additional 486 shares during the last quarter. Condor Capital Management purchased a new position in shares of VanEck Semiconductor ETF during the fourth quarter worth approximately $248,000. Delta Financial Advisors LLC grew its position in shares of VanEck Semiconductor ETF by 55.2% during the fourth quarter. Delta Financial Advisors LLC now owns 8,603 shares of the company’s stock worth $3,098,000 after acquiring an additional 3,060 shares during the last quarter. Daviman Financial LLC purchased a new position in shares of VanEck Semiconductor ETF during the fourth quarter worth approximately $342,000. Finally, Advisory Alpha LLC grew its position in shares of VanEck Semiconductor ETF by 9.9% during the fourth quarter. Advisory Alpha LLC now owns 2,908 shares of the company’s stock worth $1,048,000 after acquiring an additional 263 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 4.5%

Shares of SMH opened at $602.14 on Wednesday. The firm has a market cap of $69.96 billion, a PE ratio of 34.83 and a beta of 1.70. The company’s 50 day simple moving average is $471.57 and its 200-day simple moving average is $411.65. VanEck Semiconductor ETF has a 12-month low of $235.37 and a 12-month high of $603.97.

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.