Bank of America Corp DE decreased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 14.1% in the 1st quarter, Holdings Channel.com reports. The firm owned 10,459,469 shares of the company’s stock after selling 1,714,713 shares during the period. Bank of America Corp DE owned approximately 0.09% of VanEck Semiconductor ETF worth $4,010,160,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. AQR Capital Management LLC raised its holdings in shares of VanEck Semiconductor ETF by 4.8% in the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after acquiring an additional 109 shares in the last quarter. Empowered Funds LLC raised its position in VanEck Semiconductor ETF by 32.5% during the first quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock valued at $2,493,000 after purchasing an additional 2,890 shares in the last quarter. EverSource Wealth Advisors LLC raised its holdings in shares of VanEck Semiconductor ETF by 28.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $133,000 after buying an additional 106 shares in the last quarter. First Trust Advisors LP bought a new stake in VanEck Semiconductor ETF in the 2nd quarter worth approximately $370,000. Finally, Gamco Investors INC. ET AL purchased a new stake in VanEck Semiconductor ETF in the second quarter worth approximately $1,116,000.
VanEck Semiconductor ETF Stock Performance
Shares of VanEck Semiconductor ETF stock opened at $504.22 on Thursday. VanEck Semiconductor ETF has a 52-week low of $279.19 and a 52-week high of $671.83. The company has a fifty day moving average of $599.34 and a 200-day moving average of $490.84. The stock has a market capitalization of $60.78 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71.
VanEck Semiconductor ETF News Roundup
- Positive Sentiment: SMH has delivered strong longer-term performance, benefiting from the artificial-intelligence investment cycle. One report says the ETF returned about 45% year to date, despite Nvidia’s relatively limited contribution, suggesting gains have broadened across semiconductor companies. This Chip ETF Just Pulled Off a Historic 2026 While Nvidia Stumbled
- Positive Sentiment: The ETF’s decade-long gains highlight the structural growth potential of semiconductors, including demand tied to AI, data centers and advanced computing. However, these past returns also raise expectations and valuation sensitivity. If You’d Invested $1,000 in SMH 10 Years Ago, Here’s How Much You’d Have Today
About VanEck Semiconductor ETF
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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