Mason & Associates Inc Has $25.73 Million Stock Holdings in VanEck Semiconductor ETF $SMH

Mason & Associates Inc lessened its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 29.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 39,237 shares of the company’s stock after selling 16,547 shares during the quarter. VanEck Semiconductor ETF accounts for approximately 4.1% of Mason & Associates Inc’s holdings, making the stock its 5th largest holding. Mason & Associates Inc’s holdings in VanEck Semiconductor ETF were worth $25,735,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in SMH. Bank of America Corp DE grew its stake in VanEck Semiconductor ETF by 170.8% in the fourth quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after acquiring an additional 7,678,318 shares during the period. Focus Partners Wealth raised its position in shares of VanEck Semiconductor ETF by 906.5% during 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 during the period. Renaissance Technologies LLC bought a new position in shares of VanEck Semiconductor ETF during the 1st quarter valued at about $141,661,000. Baker Avenue Asset Management LP lifted its holdings in shares of VanEck Semiconductor ETF by 100.3% during the 4th quarter. Baker Avenue Asset Management LP now owns 1,011 shares of the company’s stock valued at $364,000 after purchasing an additional 349,979 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in shares of VanEck Semiconductor ETF by 107.3% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock valued at $218,538,000 after purchasing an additional 295,000 shares during the period.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $552.60 on Friday. The business has a 50 day simple moving average of $574.48 and a 200 day simple moving average of $520.84. VanEck Semiconductor ETF has a 52-week low of $284.30 and a 52-week high of $671.83. The stock has a market cap of $69.43 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73.

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.