Main Management ETF Advisors LLC decreased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 66.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 946,155 shares of the company’s stock after selling 1,856,985 shares during the period. VanEck Semiconductor ETF comprises 11.0% of Main Management ETF Advisors LLC’s portfolio, making the stock its 4th largest holding. Main Management ETF Advisors LLC owned about 1.02% of VanEck Semiconductor ETF worth $263,864,000 as of its most recent SEC filing.
Several other institutional investors have also made changes to their positions in SMH. Grove Bank & Trust acquired a new position in VanEck Semiconductor ETF in the 2nd quarter valued at approximately $25,000. Trust Co. of Toledo NA OH acquired a new position in shares of VanEck Semiconductor ETF in the second quarter worth $25,000. UMB Bank n.a. purchased a new position in VanEck Semiconductor ETF in the second quarter valued at about $28,000. Hilltop National Bank acquired a new position in VanEck Semiconductor ETF in the 2nd quarter worth about $28,000. Finally, Fourth Dimension Wealth LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth about $28,000.
VanEck Semiconductor ETF Stock Performance
NASDAQ:SMH opened at $339.44 on Thursday. The company has a market capitalization of $34.08 billion, a P/E ratio of 34.83 and a beta of 1.52. The stock’s 50 day moving average price is $338.31 and its 200 day moving average price is $295.55. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $372.78.
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.
Featured Articles
- Five stocks we like better than VanEck Semiconductor ETF
- Stock Dividend Cuts Happen Are You Ready?
- Is Tesla Setting Up for a Year-End Rebound—or a Collapse?
- 3 Warren Buffett Stocks to Buy Now
- Applied Materials: Up 40% in 2025 With Room to Run Long-Term
- 3 Best Fintech Stocks for a Portfolio Boost
- onsemi Places a $6 Billion Bet on Its Own Stock
Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
