Iron Gate Global Advisors LLC lessened its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 86.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,300 shares of the company’s stock after selling 21,117 shares during the quarter. Iron Gate Global Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,188,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of the stock. WealthCollab LLC acquired a new position in VanEck Semiconductor ETF during the fourth quarter worth $28,000. Investment Counsel Co. of Nevada acquired a new position in VanEck Semiconductor ETF during the fourth quarter worth $35,000. Core Wealth Advisors LLC acquired a new position in VanEck Semiconductor ETF during the fourth quarter worth $36,000. Jessup Wealth Management Inc acquired a new position in VanEck Semiconductor ETF during the fourth quarter worth $40,000. Finally, CENTRAL TRUST Co lifted its stake in VanEck Semiconductor ETF by 66.7% during the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares in the last quarter.
VanEck Semiconductor ETF Stock Up 1.3%
NASDAQ:SMH opened at $623.97 on Thursday. The stock’s fifty day moving average is $541.55 and its two-hundred day moving average is $441.43. VanEck Semiconductor ETF has a 52 week low of $257.12 and a 52 week high of $649.24. The stock has a market capitalization of $72.50 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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