Healthcare of Ontario Pension Plan Trust Fund cut its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 43.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 450,000 shares of the company’s stock after selling 350,000 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund’s holdings in VanEck Semiconductor ETF were worth $162,058,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently bought and sold shares of the company. Flagstar Advisors Inc. raised its stake 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 buying an additional 2,396 shares during the period. Bright Futures Wealth Management LLC. bought a new position in shares of VanEck Semiconductor ETF during the third quarter worth approximately $1,934,000. Mirae Asset Global Investments Co. Ltd. increased its stake 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 period. Mezzasalma Advisors LLC increased its stake 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 during the period. Finally, Assetmark Inc. increased its stake in shares of VanEck Semiconductor ETF by 24.9% during the fourth quarter. Assetmark Inc. now owns 62,474 shares of the company’s stock worth $22,499,000 after purchasing an additional 12,467 shares during the period.
VanEck Semiconductor ETF Trading Up 1.7%
Shares of NASDAQ SMH opened at $619.96 on Friday. The firm has a market cap of $72.03 billion, a P/E ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a 1-year low of $256.05 and a 1-year high of $642.77. The business’s 50 day moving average is $527.42 and its 200-day moving average is $434.76.
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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