JPMorgan Chase & Co. lowered its holdings in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 8.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 1,107,724 shares of the company’s stock after selling 103,029 shares during the quarter. JPMorgan Chase & Co.’s holdings in VanEck Semiconductor ETF were worth $398,925,000 at the end of the most recent reporting period.
Several other hedge funds also recently made changes to their positions in SMH. AQR Capital Management LLC grew its stake in shares of VanEck Semiconductor ETF by 4.8% in the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock worth $504,000 after purchasing an additional 109 shares during the last quarter. Empowered Funds LLC grew its stake in shares of VanEck Semiconductor ETF by 32.5% in the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after purchasing an additional 2,890 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of VanEck Semiconductor ETF by 28.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $133,000 after purchasing an additional 106 shares during the last quarter. First Trust Advisors LP acquired a new position in shares of VanEck Semiconductor ETF in the second quarter worth about $370,000. Finally, Gamco Investors INC. ET AL acquired a new position in shares of VanEck Semiconductor ETF in the second quarter worth about $1,116,000.
VanEck Semiconductor ETF Price Performance
Shares of SMH opened at $570.91 on Thursday. VanEck Semiconductor ETF has a one year low of $256.05 and a one year high of $642.77. The company has a 50-day moving average of $518.34 and a two-hundred day moving average of $431.46. The stock has a market cap of $66.33 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72.
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.
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