Cambridge Investment Research Advisors Inc. Sells 4,257 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Cambridge Investment Research Advisors Inc. lessened its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 188,047 shares of the company’s stock after selling 4,257 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in VanEck Semiconductor ETF were worth $32,884,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in SMH. PNC Financial Services Group Inc. grew its holdings in shares of VanEck Semiconductor ETF by 9.1% in the 3rd quarter. PNC Financial Services Group Inc. now owns 2,541 shares of the company’s stock valued at $368,000 after acquiring an additional 213 shares in the last quarter. Mutual Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF by 12.1% in the 4th quarter. Mutual Advisors LLC now owns 3,867 shares of the company’s stock valued at $676,000 after acquiring an additional 417 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at about $277,000. Pinnacle Associates Ltd. grew its holdings in shares of VanEck Semiconductor ETF by 2.3% in the 4th quarter. Pinnacle Associates Ltd. now owns 5,866 shares of the company’s stock valued at $1,026,000 after acquiring an additional 130 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in VanEck Semiconductor ETF in the 4th quarter valued at about $40,189,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH traded up $4.19 during mid-day trading on Friday, hitting $244.01. The stock had a trading volume of 2,373,977 shares, compared to its average volume of 8,202,829. VanEck Semiconductor ETF has a twelve month low of $136.10 and a twelve month high of $244.56. The stock has a market cap of $20.62 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The company’s 50 day simple moving average is $221.42 and its 200 day simple moving average is $196.02.

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.