Advisory Services Network LLC Sells 1,891 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Advisory Services Network LLC trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.7% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 26,276 shares of the company’s stock after selling 1,891 shares during the period. Advisory Services Network LLC’s holdings in VanEck Semiconductor ETF were worth $4,595,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of the company. CI Investments Inc. lifted its stake in shares of VanEck Semiconductor ETF by 166.7% in the 3rd quarter. CI Investments Inc. now owns 1,553,303 shares of the company’s stock valued at $225,198,000 after acquiring an additional 970,943 shares during the last quarter. Meitav Investment House Ltd. increased its holdings in VanEck Semiconductor ETF by 103.2% in the fourth quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock valued at $127,948,000 after purchasing an additional 371,831 shares during the period. Saudi Central Bank acquired a new stake in VanEck Semiconductor ETF in the fourth quarter valued at $105,273,000. Raymond James Financial Services Advisors Inc. increased its holdings in VanEck Semiconductor ETF by 103.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 295,190 shares of the company’s stock valued at $51,620,000 after purchasing an additional 150,444 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in VanEck Semiconductor ETF in the fourth quarter valued at $40,189,000.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH traded up $4.44 on Friday, reaching $244.26. The company had a trading volume of 4,644,652 shares, compared to its average volume of 8,226,089. The firm has a market cap of $20.64 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $136.10 and a fifty-two week high of $244.56. The business has a 50 day moving average of $221.95 and a two-hundred day moving average of $196.99.

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.