LM Advisors LLC Trims Stake in VanEck Semiconductor ETF $SMH

LM Advisors LLC decreased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 59.0% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 574 shares of the company’s stock after selling 825 shares during the period. LM Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $207,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SMH. Morgan Stanley grew its stake in shares of VanEck Semiconductor ETF by 4.8% in the 4th quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock worth $957,061,000 after buying an additional 121,815 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of VanEck Semiconductor ETF by 158.7% in the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after buying an additional 735,425 shares during the last quarter. Bank of Nova Scotia grew its stake in shares of VanEck Semiconductor ETF by 24,986.6% in the 3rd quarter. Bank of Nova Scotia now owns 755,107 shares of the company’s stock worth $246,437,000 after buying an additional 752,097 shares during the last quarter. Menora Mivtachim Holdings LTD. grew its stake in shares of VanEck Semiconductor ETF by 0.4% in the 3rd quarter. Menora Mivtachim Holdings LTD. now owns 576,000 shares of the company’s stock worth $187,983,000 after buying an additional 2,500 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of VanEck Semiconductor ETF by 4.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 548,017 shares of the company’s stock worth $197,357,000 after buying an additional 21,488 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 1.7%

VanEck Semiconductor ETF stock opened at $619.96 on Friday. The company has a market capitalization of $72.03 billion, a P/E ratio of 34.83 and a beta of 1.72. The stock’s 50 day moving average is $527.42 and its 200 day moving average is $434.76. VanEck Semiconductor ETF has a twelve month low of $256.05 and a twelve month high of $642.77.

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.