Main Management LLC Has $75.80 Million Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Main Management LLC increased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 312,987 shares of the company’s stock after purchasing an additional 10,610 shares during the quarter. VanEck Semiconductor ETF accounts for 6.2% of Main Management LLC’s holdings, making the stock its 6th biggest position. Main Management LLC owned about 0.33% of VanEck Semiconductor ETF worth $75,796,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in the business. Hartford Financial Management Inc. raised its holdings in VanEck Semiconductor ETF by 61.9% during the 4th quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after buying an additional 39 shares during the period. Mather Group LLC. increased its position in shares of VanEck Semiconductor ETF by 320.0% in the fourth quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after acquiring an additional 80 shares in the last quarter. Ethos Financial Group LLC acquired a new stake in shares of VanEck Semiconductor ETF during the fourth quarter valued at approximately $28,000. Hemington Wealth Management raised its holdings in shares of VanEck Semiconductor ETF by 50.6% during the fourth quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after acquiring an additional 44 shares during the period. Finally, Fifth Third Bancorp lifted its position in shares of VanEck Semiconductor ETF by 80.2% in the 4th quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock valued at $38,000 after acquiring an additional 69 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $245.56 on Wednesday. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $283.07. The firm has a market capitalization of $22.25 billion, a price-to-earnings ratio of 32.48 and a beta of 1.35. The company has a 50 day moving average price of $211.48 and a 200 day moving average price of $234.69.

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.