United Advisor Group LLC decreased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 86.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,059 shares of the company’s stock after selling 6,685 shares during the quarter. United Advisor Group LLC’s holdings in VanEck Semiconductor ETF were worth $645,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Clal Insurance Enterprises Holdings Ltd increased its stake in VanEck Semiconductor ETF by 107.3% in the first 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 last quarter. Cetera Investment Advisers lifted its position in VanEck Semiconductor ETF by 3.4% during the first 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. Mirae Asset Global Investments Co. Ltd. acquired a new stake in VanEck Semiconductor ETF in the 3rd quarter worth about $183,763,000. Renaissance Technologies LLC acquired a new stake in VanEck Semiconductor ETF in the 1st quarter worth about $141,661,000. Finally, Commonwealth Equity Services LLC acquired a new stake in VanEck Semiconductor ETF in the 3rd quarter worth about $120,762,000.
VanEck Semiconductor ETF Price Performance
SMH opened at $463.96 on Monday. The stock has a market capitalization of $60.19 billion, a price-to-earnings ratio of 34.83 and a beta of 1.78. The business has a 50-day moving average of $565.60 and a two-hundred day moving average of $520.56. VanEck Semiconductor ETF has a 12 month low of $315.05 and a 12 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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