WESPAC Advisors SoCal LLC Sells 9,347 Shares of VanEck Semiconductor ETF $SMH

WESPAC Advisors SoCal LLC trimmed its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 13.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 61,157 shares of the company’s stock after selling 9,347 shares during the quarter. VanEck Semiconductor ETF accounts for about 5.0% of WESPAC Advisors SoCal LLC’s portfolio, making the stock its largest position. WESPAC Advisors SoCal LLC owned 0.05% of VanEck Semiconductor ETF worth $23,448,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in SMH. Bank of America Corp DE lifted its stake in shares of VanEck Semiconductor ETF by 170.8% in the 4th quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after purchasing an additional 7,678,318 shares during the period. Bank of Nova Scotia grew its stake in VanEck Semiconductor ETF by 24,986.6% during the third quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock worth $246,437,000 after purchasing an additional 752,097 shares during the period. Harel Insurance Investments & Financial Services Ltd. grew its stake in VanEck Semiconductor ETF by 158.7% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after purchasing an additional 735,425 shares during the period. Focus Partners Wealth increased its holdings in VanEck Semiconductor ETF by 906.5% in the fourth quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock worth $268,562,000 after purchasing an additional 671,673 shares in the last quarter. Finally, Capital Markets Trading UK LLP increased its holdings in VanEck Semiconductor ETF by 100.7% in the third quarter. Capital Markets Trading UK LLP now owns 4,319 shares of the company’s stock worth $1,410,000 after purchasing an additional 617,050 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $659.88 on Friday. VanEck Semiconductor ETF has a 52-week low of $257.12 and a 52-week high of $663.80. The business’s 50 day moving average price is $551.49 and its two-hundred day moving average price is $445.11. The firm has a market cap of $76.67 billion, a PE ratio of 34.83 and a beta of 1.72.

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.