Cresset Asset Management LLC Has $4.80 Million Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Cresset Asset Management LLC cut its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 14.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,799 shares of the company’s stock after selling 3,285 shares during the quarter. Cresset Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $4,795,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Hartford Financial Management Inc. lifted its stake in shares of VanEck Semiconductor ETF by 61.9% in the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock valued at $25,000 after buying an additional 39 shares during the period. Duncker Streett & Co. Inc. lifted its position in shares of VanEck Semiconductor ETF by 3.9% in the 4th quarter. Duncker Streett & Co. Inc. now owns 1,081 shares of the company’s stock worth $262,000 after acquiring an additional 41 shares during the period. Creative Financial Designs Inc. ADV grew its holdings in shares of VanEck Semiconductor ETF by 2.2% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,905 shares of the company’s stock worth $461,000 after purchasing an additional 41 shares in the last quarter. Hemington Wealth Management raised its stake in shares of VanEck Semiconductor ETF by 50.6% in the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after purchasing an additional 44 shares in the last quarter. Finally, Smith Anglin Financial LLC lifted its position in VanEck Semiconductor ETF by 1.3% in the fourth quarter. Smith Anglin Financial LLC now owns 3,545 shares of the company’s stock worth $859,000 after purchasing an additional 45 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $221.95 on Friday. The company’s fifty day moving average price is $210.84 and its two-hundred day moving average price is $235.12. The firm has a market capitalization of $20.11 billion, a PE ratio of 32.48 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $283.07.

About VanEck Semiconductor ETF

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.