17,318 VanEck Semiconductor ETF $SMH Shares Sold by Endowment Wealth Management Inc.

Endowment Wealth Management Inc. lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 85.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,899 shares of the company’s stock after selling 17,318 shares during the quarter. Endowment Wealth Management Inc.’s holdings in VanEck Semiconductor ETF were worth $1,766,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in SMH. Renaissance Technologies LLC acquired a new position in VanEck Semiconductor ETF in the 1st quarter valued at approximately $141,661,000. Mirae Asset Global Investments Co. Ltd. bought a new position in shares of VanEck Semiconductor ETF during the third quarter valued at $183,763,000. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of 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 last quarter. Commonwealth Equity Services LLC bought a new position in shares of VanEck Semiconductor ETF during the third quarter valued at $120,762,000. Finally, GoalVest Advisory LLC lifted its holdings in shares of VanEck Semiconductor ETF by 290,983.3% during the third quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock worth $106,362,000 after purchasing an additional 174,590 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $463.96 on Friday. VanEck Semiconductor ETF has a 52 week low of $315.05 and a 52 week high of $671.83. The firm has a market cap of $58.92 billion, a PE ratio of 34.83 and a beta of 1.78. The firm’s fifty day moving average is $565.60 and its 200-day moving average is $520.56.

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.