Union Bancaire Privee UBP SA decreased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 86.9% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,870 shares of the company’s stock after selling 12,375 shares during the period. Union Bancaire Privee UBP SA’s holdings in VanEck Semiconductor ETF were worth $663,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE boosted its position in VanEck Semiconductor ETF by 170.8% during the fourth quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after purchasing an additional 7,678,318 shares during the last quarter. Morgan Stanley raised its stake in shares of VanEck Semiconductor ETF by 4.8% during the 4th quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock worth $957,061,000 after purchasing an additional 121,815 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. boosted its holdings in shares of VanEck Semiconductor ETF by 158.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock valued at $431,759,000 after buying an additional 735,425 shares during the last quarter. Bank of Nova Scotia grew its stake in shares of VanEck Semiconductor ETF by 24,986.6% in the third quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock valued at $246,437,000 after buying an additional 752,097 shares in the last quarter. Finally, Focus Partners Wealth grew its stake in shares of VanEck Semiconductor ETF by 906.5% in the fourth quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock valued at $268,562,000 after buying an additional 671,673 shares in the last quarter.
VanEck Semiconductor ETF Stock Performance
Shares of SMH opened at $611.61 on Monday. The company has a market cap of $71.06 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 1-year low of $272.16 and a 1-year high of $671.83. The company’s fifty day simple moving average is $570.31 and its 200 day simple moving average is $455.18.
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.
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