Mmbg Investment Advisors CO. lowered its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 2.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 40,148 shares of the company’s stock after selling 965 shares during the period. VanEck Semiconductor ETF makes up approximately 1.2% of Mmbg Investment Advisors CO.’s portfolio, making the stock its 19th biggest holding. Mmbg Investment Advisors CO.’s holdings in VanEck Semiconductor ETF were worth $14,458,000 at the end of the most recent reporting period.
A number of other hedge funds have also made changes to their positions in the business. WealthCollab LLC acquired a new stake in VanEck Semiconductor ETF in the fourth quarter valued at approximately $28,000. Root Financial Partners LLC bought a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter worth about $39,000. CENTRAL TRUST Co increased its position in shares of VanEck Semiconductor ETF by 66.7% in the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares during the last quarter. Caitlin John LLC bought a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter worth about $44,000. Finally, Olistico Wealth LLC acquired a new position in shares of VanEck Semiconductor ETF in the 4th quarter valued at about $44,000.
VanEck Semiconductor ETF Stock Performance
NASDAQ SMH opened at $576.32 on Tuesday. The company has a 50-day simple moving average of $467.28 and a 200-day simple moving average of $409.95. The firm has a market capitalization of $66.96 billion, a PE ratio of 34.83 and a beta of 1.70. VanEck Semiconductor ETF has a one year low of $234.59 and a one year high of $582.50.
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.
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