Mmbg Investment Advisors CO. Has $10.26 Million Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Mmbg Investment Advisors CO. trimmed its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 0.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 42,372 shares of the company’s stock after selling 252 shares during the quarter. VanEck Semiconductor ETF accounts for 1.1% of Mmbg Investment Advisors CO.’s portfolio, making the stock its 21st largest holding. Mmbg Investment Advisors CO.’s holdings in VanEck Semiconductor ETF were worth $10,261,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. LMR Partners LLP lifted its position in VanEck Semiconductor ETF by 100.1% in the fourth quarter. LMR Partners LLP now owns 1,474 shares of the company’s stock worth $357,000 after purchasing an additional 1,381,969 shares during the period. Jefferies Financial Group Inc. lifted its stake in VanEck Semiconductor ETF by 532.7% during the fourth quarter. Jefferies Financial Group Inc. now owns 16,996 shares of the company’s stock worth $4,116,000 after purchasing an additional 20,924 shares during the period. Global Assets Advisory LLC acquired a new stake in VanEck Semiconductor ETF during the fourth quarter valued at approximately $592,000. Gotham Asset Management LLC raised its holdings in shares of VanEck Semiconductor ETF by 86.3% in the 4th quarter. Gotham Asset Management LLC now owns 2,187 shares of the company’s stock worth $530,000 after buying an additional 1,013 shares in the last quarter. Finally, Focus Partners Wealth lifted its holdings in shares of VanEck Semiconductor ETF by 20.6% during the fourth quarter. Focus Partners Wealth now owns 23,131 shares of the company’s stock valued at $5,607,000 after acquiring an additional 3,946 shares during the period.

VanEck Semiconductor ETF Stock Up 0.7%

Shares of VanEck Semiconductor ETF stock opened at $223.40 on Monday. The stock has a market capitalization of $20.24 billion, a P/E ratio of 32.48 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $170.11 and a 12-month high of $283.07. The company has a 50-day simple moving average of $210.80 and a 200 day simple moving average of $234.72.

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.