Concourse Financial Group Securities Inc. Sells 136 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Concourse Financial Group Securities Inc. trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 9.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,338 shares of the company’s stock after selling 136 shares during the quarter. Concourse Financial Group Securities Inc.’s holdings in VanEck Semiconductor ETF were worth $357,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in SMH. JPMorgan Chase & Co. grew its stake in shares of VanEck Semiconductor ETF by 10.3% during the fourth quarter. JPMorgan Chase & Co. now owns 1,437,381 shares of the company’s stock worth $348,091,000 after purchasing an additional 133,724 shares during the period. Meitav Investment House Ltd. increased its stake in shares of VanEck Semiconductor ETF by 4.1% in the 4th quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock valued at $151,269,000 after acquiring an additional 24,516 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of VanEck Semiconductor ETF in the 4th quarter valued at approximately $144,385,000. Harel Insurance Investments & Financial Services Ltd. boosted its stake in VanEck Semiconductor ETF by 144.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after acquiring an additional 202,744 shares during the last quarter. Finally, Menora Mivtachim Holdings LTD. boosted its stake in VanEck Semiconductor ETF by 3,218.3% during the 4th quarter. Menora Mivtachim Holdings LTD. now owns 335,150 shares of the company’s stock worth $81,163,000 after acquiring an additional 325,050 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $187.83 on Tuesday. The company has a 50 day moving average price of $219.58 and a two-hundred day moving average price of $238.60. The company has a market capitalization of $17.29 billion, a PE ratio of 25.25 and a beta of 1.35. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $283.07.

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.