Moss Adams Wealth Advisors LLC lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 7.2% in the third quarter, Holdings Channel reports. The firm owned 111,865 shares of the company’s stock after selling 8,629 shares during the period. VanEck Semiconductor ETF accounts for 4.4% of Moss Adams Wealth Advisors LLC’s investment portfolio, making the stock its 7th largest holding. Moss Adams Wealth Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $68,126,000 at the end of the most recent reporting period.
Several other large investors have also recently modified their holdings of SMH. Renaissance Technologies LLC purchased a new stake in shares of VanEck Semiconductor ETF in the first quarter worth about $141,661,000. Clal Insurance Enterprises Holdings Ltd raised its position in VanEck Semiconductor ETF by 107.3% during the first 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 in the last quarter. GoalVest Advisory LLC lifted its position in VanEck Semiconductor ETF by 290,983.3% in the 3rd quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock worth $106,362,000 after buying an additional 174,590 shares during the last quarter. Meitav Investment House Ltd. lifted its holdings in shares of VanEck Semiconductor ETF by 17.3% in 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 last quarter. Finally, International Assets Investment Management LLC boosted its position in VanEck Semiconductor ETF by 749.5% during the third quarter. International Assets Investment Management LLC now owns 100,000 shares of the company’s stock valued at $60,900,000 after buying an additional 88,228 shares during the period.
VanEck Semiconductor ETF Stock Down 7.0%
Shares of SMH opened at $522.49 on Friday. The firm has a fifty day simple moving average of $572.62 and a two-hundred day simple moving average of $518.19. VanEck Semiconductor ETF has a twelve month low of $315.05 and a twelve month high of $671.83. The stock has a market capitalization of $66.59 billion, a P/E ratio of 34.83 and a beta of 1.73.
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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