22,662 VanEck Semiconductor ETF $SMH Shares Sold by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 24.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 70,831 shares of the company’s stock after selling 22,662 shares during the quarter. VanEck Semiconductor ETF makes up 1.0% of SBI Securities Co. Ltd.’s holdings, making the stock its 19th biggest position. SBI Securities Co. Ltd. owned about 0.06% of VanEck Semiconductor ETF worth $43,136,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Renaissance Technologies LLC bought a new stake in VanEck Semiconductor ETF during the first quarter worth $141,661,000. Clal Insurance Enterprises Holdings Ltd lifted its stake in VanEck Semiconductor ETF by 107.3% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock valued at $218,538,000 after acquiring an additional 295,000 shares during the last quarter. GoalVest Advisory LLC lifted its stake in 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 acquiring an additional 174,590 shares during the last quarter. Meitav Investment House Ltd. grew its position in shares of VanEck Semiconductor ETF by 17.3% in the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock valued at $347,140,000 after acquiring an additional 133,601 shares during the period. Finally, Copley Financial Group Inc. bought a new position in shares of VanEck Semiconductor ETF in the 2nd quarter valued at about $49,407,000.

VanEck Semiconductor ETF Price Performance

Shares of SMH opened at $523.35 on Friday. The company has a market cap of $63.69 billion, a PE ratio of 34.83 and a beta of 1.73. The firm has a 50-day moving average of $575.89 and a 200-day moving average of $566.42. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83.

VanEck Semiconductor ETF 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.