VanEck Semiconductor ETF $SMH Stock: WESPAC Advisors LLC Cuts Stake

WESPAC Advisors LLC trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 99.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 709 shares of the company’s stock after selling 69,135 shares during the quarter. WESPAC Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $432,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SMH. Renaissance Technologies LLC bought a new position in shares of VanEck Semiconductor ETF in the first quarter worth approximately $141,661,000. Clal Insurance Enterprises Holdings Ltd raised its position in shares of 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 valued at $218,538,000 after purchasing an additional 295,000 shares during the period. GoalVest Advisory LLC lifted its stake in shares of VanEck Semiconductor ETF by 290,983.3% during the 3rd quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock valued at $106,362,000 after buying an additional 174,590 shares in the last quarter. Meitav Investment House Ltd. lifted its stake in shares of VanEck Semiconductor ETF by 17.3% during the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock valued at $347,140,000 after buying an additional 133,601 shares in the last quarter. Finally, Copley Financial Group Inc. purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $49,407,000.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock opened at $541.62 on Tuesday. The company has a market capitalization of $67.51 billion, a P/E ratio of 34.83 and a beta of 1.73. The company has a fifty day moving average of $575.09 and a 200 day moving average of $514.09. VanEck Semiconductor ETF has a fifty-two week low of $315.05 and a fifty-two week high of $671.83.

VanEck Semiconductor ETF Company Profile

(Free Report)

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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Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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