Krilogy Financial LLC trimmed its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 18.4% in the first quarter, Holdings Channel reports. The institutional investor owned 9,458 shares of the company’s stock after selling 2,129 shares during the period. Krilogy Financial LLC’s holdings in VanEck Semiconductor ETF were worth $3,626,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also made changes to their positions in SMH. Flagstar Advisors Inc. lifted its position in VanEck Semiconductor ETF by 68.2% in the fourth quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock valued at $2,128,000 after acquiring an additional 2,396 shares during the last quarter. Bright Futures Wealth Management LLC. acquired a new position in VanEck Semiconductor ETF in the third quarter valued at $1,934,000. Apollon Wealth Management LLC grew its holdings in shares of VanEck Semiconductor ETF by 2.9% during the fourth quarter. Apollon Wealth Management LLC now owns 47,977 shares of the company’s stock worth $17,278,000 after purchasing an additional 1,356 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of VanEck Semiconductor ETF by 58.4% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,481 shares of the company’s stock worth $11,697,000 after purchasing an additional 11,973 shares during the last quarter. Finally, Mezzasalma Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 67.9% during the fourth quarter. Mezzasalma Advisors LLC now owns 15,159 shares of the company’s stock worth $5,459,000 after purchasing an additional 6,130 shares in the last quarter.
VanEck Semiconductor ETF Stock Performance
VanEck Semiconductor ETF stock opened at $622.05 on Wednesday. VanEck Semiconductor ETF has a fifty-two week low of $265.74 and a fifty-two week high of $671.83. The company has a market capitalization of $72.28 billion, a P/E ratio of 34.83 and a beta of 1.72. The stock has a 50-day simple moving average of $559.97 and a 200-day simple moving average of $449.76.
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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