VanEck Semiconductor ETF $SMH Stock Sold by Intrua Financial LLC

Intrua Financial LLC lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 64.7% in the 3rd quarter, Holdings Channel.com reports. The fund owned 2,757 shares of the company’s stock after selling 5,046 shares during the quarter. Intrua Financial LLC’s holdings in VanEck Semiconductor ETF were worth $1,679,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. Meitav Investment House Ltd. lifted its holdings in VanEck Semiconductor ETF by 17.3% during the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock valued at $347,140,000 after purchasing an additional 133,601 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd increased its stake 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 purchasing an additional 295,000 shares in the last quarter. Cetera Investment Advisers raised its position in shares of VanEck Semiconductor ETF by 3.4% during the 1st quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock worth $196,156,000 after purchasing an additional 16,810 shares during the last quarter. Renaissance Technologies LLC acquired a new position in shares of VanEck Semiconductor ETF during the 1st quarter worth about $141,661,000. Finally, GoalVest Advisory LLC raised its position 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 worth $106,362,000 after purchasing an additional 174,590 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 7.0%

SMH stock opened at $522.49 on Friday. VanEck Semiconductor ETF has a 12-month low of $315.05 and a 12-month high of $671.83. The stock has a market cap of $66.59 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The business’s 50-day moving average is $572.62 and its 200 day moving average is $518.19.

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.