VanEck Semiconductor ETF $SMH Position Lowered by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC cut its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 26.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,799 shares of the company’s stock after selling 1,747 shares during the period. Prime Capital Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,922,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Meitav Investment House Ltd. grew its stake in shares of VanEck Semiconductor ETF by 17.3% during the first 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 during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of VanEck Semiconductor ETF by 107.3% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock worth $218,538,000 after buying an additional 295,000 shares in the last quarter. Cetera Investment Advisers lifted its stake in shares of VanEck Semiconductor ETF by 3.4% in the 1st quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock valued at $196,156,000 after acquiring an additional 16,810 shares during the last quarter. Renaissance Technologies LLC bought a new position in shares of VanEck Semiconductor ETF in the 1st quarter valued at $141,661,000. Finally, GoalVest Advisory LLC lifted its stake in shares of VanEck Semiconductor ETF by 290,983.3% in 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 during the last quarter.

VanEck Semiconductor ETF Stock Up 1.9%

Shares of SMH opened at $556.70 on Thursday. VanEck Semiconductor ETF has a 12-month low of $315.05 and a 12-month high of $671.83. The business has a 50-day simple moving average of $577.20 and a two-hundred day simple moving average of $565.50. The stock has a market cap of $67.74 billion, a PE ratio of 34.83 and a beta of 1.73.

About VanEck Semiconductor ETF

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.