Comprehensive Financial Planning Inc. PA cut its holdings in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 40.1% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 2,221 shares of the company’s stock after selling 1,486 shares during the period. Comprehensive Financial Planning Inc. PA’s holdings in VanEck Semiconductor ETF were worth $1,457,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Bank of America Corp DE grew its stake 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 worth $4,384,288,000 after purchasing an additional 7,678,318 shares during the period. Harel Insurance Investments & Financial Services Ltd. increased its holdings in VanEck Semiconductor ETF by 158.7% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after purchasing an additional 735,425 shares in the last quarter. Focus Partners Wealth lifted its stake in 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 during the period. Renaissance Technologies LLC acquired a new position in VanEck Semiconductor ETF in the first quarter valued at approximately $141,661,000. Finally, Baker Avenue Asset Management LP lifted its stake in VanEck Semiconductor ETF by 100.3% in the fourth quarter. Baker Avenue Asset Management LP now owns 1,011 shares of the company’s stock valued at $364,000 after buying an additional 349,979 shares during the period.
VanEck Semiconductor ETF Stock Performance
VanEck Semiconductor ETF stock opened at $560.42 on Monday. The stock has a market capitalization of $70.41 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 52-week low of $281.74 and a 52-week high of $671.83. The stock’s 50 day moving average price is $589.73 and its two-hundred day moving average price is $511.07.
VanEck Semiconductor ETF 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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