Bank of America Corp DE Lowers Stock Position in VanEck Semiconductor ETF $SMH

Bank of America Corp DE reduced its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 14.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,459,469 shares of the company’s stock after selling 1,714,713 shares during the period. Bank of America Corp DE owned 9.00% of VanEck Semiconductor ETF worth $4,010,160,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Berger Financial Group Inc increased its stake in VanEck Semiconductor ETF by 1.3% in the 1st quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock valued at $636,000 after buying an additional 21 shares during the last quarter. Goodman Advisory Group LLC boosted its stake in shares of VanEck Semiconductor ETF by 7.8% in the 1st quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock worth $122,000 after buying an additional 23 shares during the last quarter. Howe & Rusling Inc. boosted its stake in shares of VanEck Semiconductor ETF by 4.3% in the 1st quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock worth $235,000 after buying an additional 25 shares during the last quarter. Brooklyn Investment Group grew its holdings in shares of VanEck Semiconductor ETF by 2.2% in the fourth quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock valued at $434,000 after acquiring an additional 26 shares in the last quarter. Finally, Total Clarity Wealth Management Inc. grew its holdings in shares of VanEck Semiconductor ETF by 1.1% in the first quarter. Total Clarity Wealth Management Inc. now owns 2,567 shares of the company’s stock valued at $984,000 after acquiring an additional 27 shares in the last quarter.

VanEck Semiconductor ETF News Summary

Here are the key news stories impacting VanEck Semiconductor ETF this week:

• Positive Sentiment: SMH has delivered strong longer-term performance, benefiting from the artificial-intelligence investment cycle. One report says the ETF returned about 45% year to date, despite Nvidia’s relatively limited contribution, suggesting gains have broadened across semiconductor companies. This Chip ETF Just Pulled Off a Historic 2026 While Nvidia Stumbled
• Positive Sentiment: The ETF’s decade-long gains highlight the structural growth potential of semiconductors, including demand tied to AI, data centers and advanced computing. However, these past returns also raise expectations and valuation sensitivity. If You’d Invested $1,000 in SMH 10 Years Ago, Here’s How Much You’d Have Today

VanEck Semiconductor ETF Trading Down 4.8%

Shares of SMH opened at $504.22 on Thursday. The stock has a 50 day moving average of $599.34 and a 200 day moving average of $490.84. The company has a market capitalization of $60.78 billion, a price-to-earnings ratio of 34.83 and a beta of 1.71. VanEck Semiconductor ETF has a 12 month low of $279.19 and a 12 month high of $671.83.

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.