Tactive Advisors LLC decreased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 79.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,810 shares of the company’s stock after selling 31,055 shares during the period. VanEck Semiconductor ETF makes up 1.2% of Tactive Advisors LLC’s investment portfolio, making the stock its 20th largest holding. Tactive Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $4,756,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Meitav Investment House Ltd. grew its holdings in shares of VanEck Semiconductor ETF by 17.3% during the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after acquiring an additional 133,601 shares during the period. Focus Partners Wealth lifted its stake in shares of VanEck Semiconductor ETF by 906.5% in the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock valued at $268,562,000 after purchasing an additional 671,673 shares during the period. Clal Insurance Enterprises Holdings Ltd lifted its stake in shares of VanEck Semiconductor ETF by 107.3% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock valued at $218,538,000 after purchasing an additional 295,000 shares during the period. Cetera Investment Advisers boosted its position in shares of VanEck Semiconductor ETF by 3.4% during the first quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock valued at $196,156,000 after purchasing an additional 16,810 shares in the last quarter. Finally, Renaissance Technologies LLC bought a new stake in shares of VanEck Semiconductor ETF during the first quarter valued at approximately $141,661,000.
VanEck Semiconductor ETF Trading Down 3.9%
SMH traded down $24.28 during trading on Thursday, reaching $600.75. The stock had a trading volume of 5,327,358 shares, compared to its average volume of 9,240,245. The stock’s 50 day moving average is $576.15 and its two-hundred day moving average is $552.47. The company has a market capitalization of $73.65 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83.
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.
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