3,708 VanEck Semiconductor ETF $SMH Shares Sold by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC cut its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 58,421 shares of the company’s stock after selling 3,708 shares during the period. VanEck Semiconductor ETF makes up approximately 7.5% of Kraft Davis & Associates LLC’s holdings, making the stock its biggest position. Kraft Davis & Associates LLC’s holdings in VanEck Semiconductor ETF were worth $35,578,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Renaissance Technologies LLC bought a new position in shares of VanEck Semiconductor ETF during the 1st quarter worth about $141,661,000. Clal Insurance Enterprises Holdings Ltd raised its position in shares of VanEck Semiconductor ETF by 107.3% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock valued at $218,538,000 after buying an additional 295,000 shares during the last quarter. GoalVest Advisory LLC lifted its stake in shares of VanEck Semiconductor ETF by 290,983.3% in the third quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock valued at $106,362,000 after buying an additional 174,590 shares during the period. Meitav Investment House Ltd. lifted its stake in shares of VanEck Semiconductor ETF by 17.3% in the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock valued at $347,140,000 after buying an additional 133,601 shares during the period. Finally, Copley Financial Group Inc. bought a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at about $49,407,000.

VanEck Semiconductor ETF Stock Up 1.9%

SMH stock opened at $556.70 on Thursday. VanEck Semiconductor ETF has a twelve month low of $315.05 and a twelve month high of $671.83. The company has a market cap of $67.74 billion, a PE ratio of 34.83 and a beta of 1.73. The business’s 50-day simple moving average is $577.20 and its 200 day simple moving average is $565.50.

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.