Milestones Private Investment Advisors LLC cut its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 45.5% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,674 shares of the company’s stock after selling 3,900 shares during the period. VanEck Semiconductor ETF comprises approximately 2.3% of Milestones Private Investment Advisors LLC’s holdings, making the stock its 9th largest position. Milestones Private Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,846,000 as of its most recent SEC filing.
Several other large investors have also recently added to or reduced their stakes in SMH. Renaissance Technologies LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 1st quarter valued at $141,661,000. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of 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 acquiring an additional 295,000 shares in the last quarter. GoalVest Advisory LLC grew its holdings in shares of VanEck Semiconductor ETF by 290,983.3% during the 3rd 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 in the last quarter. Meitav Investment House Ltd. grew its holdings in shares of VanEck Semiconductor ETF by 17.3% during the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock valued at $347,140,000 after acquiring an additional 133,601 shares in the last quarter. Finally, Copley Financial Group Inc. purchased a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at $49,407,000.
VanEck Semiconductor ETF Trading Up 1.6%
NASDAQ SMH opened at $548.46 on Tuesday. VanEck Semiconductor ETF has a 1-year low of $315.05 and a 1-year high of $671.83. The firm’s fifty day simple moving average is $578.30 and its 200-day simple moving average is $563.25. The company has a market capitalization of $66.96 billion, a PE ratio of 34.83 and a beta of 1.73.
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.
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