Bank Julius Baer & Co. Ltd Zurich reduced its stake in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 13.2% during the 4th quarter, HoldingsChannel reports. The fund owned 76,470 shares of the company’s stock after selling 11,609 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich’s holdings in VanEck Semiconductor ETF were worth $13,372,000 as of its most recent SEC filing.
Other institutional investors have also added to or reduced their stakes in the company. Macroview Investment Management LLC lifted its position in VanEck Semiconductor ETF by 245.2% in the 4th quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock valued at $25,000 after acquiring an additional 103 shares in the last quarter. Sanctuary Wealth Management L.L.C. bought a new stake in VanEck Semiconductor ETF during the 3rd quarter worth about $25,000. FinTrust Capital Advisors LLC lifted its position in VanEck Semiconductor ETF by 363.2% during the 3rd quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock worth $26,000 after buying an additional 138 shares in the last quarter. Baker Avenue Asset Management LP lifted its position in VanEck Semiconductor ETF by 100.8% during the 3rd quarter. Baker Avenue Asset Management LP now owns 256 shares of the company’s stock worth $37,000 after buying an additional 32,000 shares in the last quarter. Finally, Banque Cantonale Vaudoise lifted its position in VanEck Semiconductor ETF by 250.0% during the 3rd quarter. Banque Cantonale Vaudoise now owns 280 shares of the company’s stock worth $41,000 after buying an additional 200 shares in the last quarter.
VanEck Semiconductor ETF Price Performance
NASDAQ:SMH traded up $5.44 on Friday, hitting $217.64. 6,314,581 shares of the company’s stock were exchanged, compared to its average volume of 8,718,253. The firm has a 50-day moving average price of $217.62 and a 200-day moving average price of $184.96. VanEck Semiconductor ETF has a 52 week low of $118.57 and a 52 week high of $239.14. The company has a market cap of $18.34 billion, a P/E ratio of 17.70 and a beta of 1.35.
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.
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