Mezzasalma Advisors LLC Sells 2,723 Shares of VanEck Semiconductor ETF $SMH

Mezzasalma Advisors LLC reduced its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 12.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 19,363 shares of the company’s stock after selling 2,723 shares during the quarter. VanEck Semiconductor ETF comprises approximately 2.3% of Mezzasalma Advisors LLC’s portfolio, making the stock its 11th largest holding. Mezzasalma Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $11,792,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Meitav Investment House Ltd. raised its position in VanEck Semiconductor ETF by 17.3% during the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock valued at $347,140,000 after acquiring an additional 133,601 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its holdings 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 acquiring an additional 295,000 shares during the period. Cetera Investment Advisers boosted its stake in VanEck Semiconductor ETF by 3.4% during the 1st 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 during the period. Renaissance Technologies LLC bought a new stake in shares of VanEck Semiconductor ETF in the first quarter valued at approximately $141,661,000. Finally, Rockefeller Capital Management L.P. grew its position in VanEck Semiconductor ETF by 17.8% in the 4th quarter. Rockefeller Capital Management L.P. now owns 338,536 shares of the company’s stock worth $121,918,000 after purchasing an additional 51,092 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 4.0%

SMH stock traded down $23.38 during trading on Wednesday, reaching $564.74. 11,724,906 shares of the stock were exchanged, compared to its average volume of 9,255,354. VanEck Semiconductor ETF has a twelve month low of $315.05 and a twelve month high of $671.83. The company has a market capitalization of $69.51 billion, a P/E ratio of 34.83 and a beta of 1.73. The stock has a 50 day simple moving average of $579.83 and a 200-day simple moving average of $559.54.

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.