2,723 VanEck Semiconductor ETF $SMH Shares Sold by Mezzasalma Advisors LLC

Mezzasalma Advisors LLC lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 12.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,363 shares of the company’s stock after selling 2,723 shares during the quarter. VanEck Semiconductor ETF makes up about 2.3% of Mezzasalma Advisors LLC’s investment portfolio, making the stock its 11th largest holding. Mezzasalma Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $11,792,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SMH. Renaissance Technologies LLC bought a new position in VanEck Semiconductor ETF during the 1st quarter worth $141,661,000. Clal Insurance Enterprises Holdings Ltd increased its stake in 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 valued at $218,538,000 after buying an additional 295,000 shares during the period. GoalVest Advisory LLC increased its stake 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 valued at $106,362,000 after acquiring an additional 174,590 shares during the period. Meitav Investment House Ltd. raised its stake in shares of VanEck Semiconductor ETF by 17.3% in the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after buying an additional 133,601 shares in the last quarter. Finally, Copley Financial Group Inc. bought a new stake in VanEck Semiconductor ETF in the second quarter worth about $49,407,000.

VanEck Semiconductor ETF Trading Down 4.0%

SMH stock traded down $23.38 on Wednesday, hitting $564.74. 11,724,906 shares of the company’s stock traded hands, compared to its average volume of 9,255,354. The stock has a market cap of $69.51 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 1-year low of $315.05 and a 1-year high of $671.83. The stock has a fifty day moving average of $579.83 and a 200-day moving average of $559.54.

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.