VanEck Semiconductor ETF $SMH Position Lessened by Kwmg LLC

Kwmg LLC reduced its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 5.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,577 shares of the company’s stock after selling 1,497 shares during the quarter. Kwmg LLC’s holdings in VanEck Semiconductor ETF were worth $10,291,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. Wealth Enhancement Advisory Services LLC grew its position in VanEck Semiconductor ETF by 5.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 32,403 shares of the company’s stock worth $10,921,000 after purchasing an additional 1,666 shares during the last quarter. Flagstar Advisors Inc. raised its holdings in shares of VanEck Semiconductor ETF by 68.2% during the fourth quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock valued at $2,128,000 after buying an additional 2,396 shares during the last quarter. Bright Futures Wealth Management LLC. acquired a new position in shares of VanEck Semiconductor ETF during the third quarter worth approximately $1,934,000. Element Wealth LLC acquired a new position in shares of VanEck Semiconductor ETF during the third quarter worth approximately $515,000. Finally, Farther Finance Advisors LLC grew its holdings in VanEck Semiconductor ETF by 136.2% in the 3rd quarter. Farther Finance Advisors LLC now owns 10,450 shares of the company’s stock worth $3,407,000 after buying an additional 6,026 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

SMH opened at $391.97 on Thursday. The stock’s 50 day moving average price is $399.38 and its 200 day moving average price is $368.94. The stock has a market cap of $41.84 billion, a P/E ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $427.94.

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.