VanEck Semiconductor ETF $SMH Holdings Decreased by Elmwood Wealth Management Inc.

Elmwood Wealth Management Inc. lowered its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 87.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 545 shares of the company’s stock after selling 3,833 shares during the quarter. Elmwood Wealth Management Inc.’s holdings in VanEck Semiconductor ETF were worth $332,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Meitav Investment House Ltd. boosted 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 purchasing an additional 133,601 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its position in shares of VanEck Semiconductor ETF by 107.3% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock worth $218,538,000 after purchasing an additional 295,000 shares during the last quarter. Cetera Investment Advisers increased its position in shares of VanEck Semiconductor ETF by 3.4% during the 1st quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock worth $196,156,000 after purchasing an additional 16,810 shares during the last quarter. Renaissance Technologies LLC acquired a new position in shares of VanEck Semiconductor ETF during the 1st quarter worth approximately $141,661,000. Finally, Rockefeller Capital Management L.P. raised its stake in shares of VanEck Semiconductor ETF by 17.8% during 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 in the last quarter.

VanEck Semiconductor ETF Trading Down 4.0%

Shares of VanEck Semiconductor ETF stock traded down $23.38 on Wednesday, reaching $564.74. 11,724,906 shares of the company were exchanged, compared to its average volume of 9,255,354. The company has a market capitalization of $69.51 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. The company has a 50-day moving average of $579.83 and a 200 day moving average of $559.54.

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.