Level Four Advisory Services’s VanEck Semiconductor ETF SMH Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2026 Q1	$14.3M	Buy	37,408 +1,795	+5%	+$713K	0.47%	36
2025 Q4	$12.8M	Buy	35,613 +3,803	+12%	+$1.33M	0.42%	44
2025 Q3	$10.4M	Buy	31,810 +5,953	+23%	+$1.76M	0.36%	57
2025 Q2	$7.21M	Buy	25,857 +944	+4%	+$219K	0.27%	97
2025 Q1	$5.27M	Sell	24,913 -2,205	-8%	-$529K	0.22%	143
2024 Q4	$6.57M	Buy	27,118 +630	+2%	+$156K	0.27%	98
2024 Q3	$6.4M	Buy	26,488 +1,550	+6%	+$377K	0.27%	100
2024 Q2	$6.5M	Buy	24,938 +1,832	+8%	+$430K	0.29%	86
2024 Q1	$4.04M	Hold	23,106	–	–	0.22%	121
2023 Q4	$4.04M	Buy	23,106 +899	+4%	+$141K	0.23%	118
2023 Q3	$3.22M	Buy	22,207 +12,158	+121%	+$1.84M	0.21%	132
2023 Q2	$1.53M	Buy	10,049 +8,033	+398%	+$1.09M	0.09%	228
2023 Q1	$265K	Buy	+2,016	New	+$242K	0.02%	615
2022 Q2	–	Sell	-1,698	Closed	-$229K	–	645
2022 Q1	$229K	Hold	1,698	–	–	0.02%	571
2021 Q4	$262K	Buy	+1,698	New	+$246K	0.02%	538