RDA Financial Network lowered its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 95.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 1,837 shares of the company’s stock after selling 35,138 shares during the period. RDA Financial Network’s holdings in VanEck Semiconductor ETF were worth $1,119,000 as of its most recent SEC filing.
A number of other hedge funds also recently modified their holdings of SMH. Meitav Investment House Ltd. increased its holdings in VanEck Semiconductor ETF by 17.3% in the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock valued at $347,140,000 after purchasing an additional 133,601 shares during the period. Clal Insurance Enterprises Holdings Ltd lifted its holdings in VanEck Semiconductor ETF by 107.3% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock worth $218,538,000 after buying an additional 295,000 shares during the period. Cetera Investment Advisers lifted its holdings in VanEck Semiconductor ETF by 3.4% during the 1st quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock worth $196,156,000 after buying an additional 16,810 shares during the period. Renaissance Technologies LLC bought a new stake in shares of VanEck Semiconductor ETF in the 1st quarter valued at about $141,661,000. Finally, Rockefeller Capital Management L.P. grew its position in shares of VanEck Semiconductor ETF by 17.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 338,536 shares of the company’s stock valued at $121,918,000 after buying an additional 51,092 shares during the last quarter.
VanEck Semiconductor ETF Stock Performance
Shares of SMH stock traded down $8.82 on Thursday, hitting $555.92. The company had a trading volume of 9,354,769 shares, compared to its average volume of 9,256,715. The firm has a market cap of $66.98 billion, a P/E ratio of 34.83 and a beta of 1.73. The stock’s 50-day moving average is $579.83 and its two-hundred day moving average is $559.54. VanEck Semiconductor ETF has a twelve month low of $315.05 and a twelve month high of $671.83.
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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