Nwam LLC trimmed its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 14.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,500 shares of the company’s stock after selling 3,584 shares during the period. VanEck Semiconductor ETF makes up 0.7% of Nwam LLC’s portfolio, making the stock its 29th biggest position. Nwam LLC’s holdings in VanEck Semiconductor ETF were worth $14,102,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in SMH. Bank of America Corp DE raised its holdings in shares of 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. 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 period. Focus Partners Wealth grew its position in shares of VanEck Semiconductor ETF by 906.5% during the 4th 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 last quarter. Renaissance Technologies LLC bought a new stake in shares of VanEck Semiconductor ETF during the 1st quarter valued at about $141,661,000. Finally, Baker Avenue Asset Management LP raised its stake in VanEck Semiconductor ETF by 100.3% during the fourth quarter. Baker Avenue Asset Management LP now owns 1,011 shares of the company’s stock worth $364,000 after acquiring an additional 349,979 shares during the period.
VanEck Semiconductor ETF Trading Up 0.6%
Shares of NASDAQ SMH opened at $556.63 on Tuesday. The company has a market cap of $69.93 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The stock’s 50 day simple moving average is $579.03 and its 200 day simple moving average is $517.88. VanEck Semiconductor ETF has a 12-month low of $281.74 and a 12-month high of $671.83.
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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