VanEck Semiconductor ETF $SMH Stock: TPG Advisors LLC Cuts Position

TPG Advisors LLC lessened its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 99.5% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 390 shares of the company’s stock after selling 82,272 shares during the period. TPG Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $238,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the stock. Meitav Investment House Ltd. boosted its holdings in VanEck Semiconductor ETF by 17.3% in the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after acquiring an additional 133,601 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd grew its stake in shares of VanEck Semiconductor ETF by 107.3% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock worth $218,538,000 after acquiring an additional 295,000 shares during the last quarter. Cetera Investment Advisers grew its stake in shares of VanEck Semiconductor ETF by 3.4% in the first quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock worth $196,156,000 after acquiring an additional 16,810 shares during the last quarter. Renaissance Technologies LLC purchased a new stake in shares of VanEck Semiconductor ETF in the first quarter worth $141,661,000. Finally, Rockefeller Capital Management L.P. increased its holdings in shares of VanEck Semiconductor ETF by 17.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 338,536 shares of the company’s stock valued at $121,918,000 after acquiring an additional 51,092 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 3.4%

Shares of NASDAQ:SMH traded down $19.05 on Friday, hitting $539.79. 18,358,879 shares of the company traded hands, compared to its average volume of 9,331,763. The stock has a 50 day simple moving average of $578.72 and a 200-day simple moving average of $560.69. The company has a market cap of $65.04 billion, a PE ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 52 week low of $315.05 and a 52 week high of $671.83.

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.