Mariner LLC Sells 4,660 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Mariner LLC cut its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 8.7% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 49,020 shares of the company’s stock after selling 4,660 shares during the quarter. Mariner LLC’s holdings in VanEck Semiconductor ETF were worth $11,871,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Hartford Financial Management Inc. grew its stake in VanEck Semiconductor ETF by 61.9% during the fourth quarter. Hartford Financial Management Inc. now owns 102 shares of the company’s stock worth $25,000 after buying an additional 39 shares during the last quarter. Mather Group LLC. boosted its holdings in shares of VanEck Semiconductor ETF by 320.0% in the 4th quarter. Mather Group LLC. now owns 105 shares of the company’s stock worth $25,000 after acquiring an additional 80 shares in the last quarter. Ethos Financial Group LLC bought a new stake in VanEck Semiconductor ETF during the 4th quarter worth approximately $28,000. Hemington Wealth Management increased its holdings in VanEck Semiconductor ETF by 50.6% during the 4th quarter. Hemington Wealth Management now owns 131 shares of the company’s stock valued at $31,000 after purchasing an additional 44 shares in the last quarter. Finally, Fifth Third Bancorp raised its position in VanEck Semiconductor ETF by 80.2% in the 4th quarter. Fifth Third Bancorp now owns 155 shares of the company’s stock valued at $38,000 after purchasing an additional 69 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $192.53 on Friday. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $283.07. The firm has a market cap of $17.39 billion, a P/E ratio of 25.25 and a beta of 1.35. The business’s fifty day moving average is $221.94 and its two-hundred day moving average is $239.40.

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.