VanEck Fabless Semiconductor ETF (NASDAQ:SMHX) Stock Price Down 2.3% – What’s Next?

Posted by Donna Armstrong on Sep 29th, 2026

Shares of VanEck Fabless Semiconductor ETF (NASDAQ:SMHX – Get Free Report) were down 2.3% during mid-day trading on Monday. The company traded as low as $59.47 and last traded at $60.04. 37,619 shares were traded during mid-day trading, a decline of 61% from the average daily volume of 97,261 shares. The stock had previously closed at $61.48.

VanEck Fabless Semiconductor ETF Trading Down 2.3%

The firm has a 50-day moving average of $56.67 and a 200 day moving average of $54.10. The stock has a market capitalization of $271.98 million, a price-to-earnings ratio of 41.26 and a beta of 2.42.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Assetmark Inc. lifted its holdings in VanEck Fabless Semiconductor ETF by 22.1% in the first quarter. Assetmark Inc. now owns 377,972 shares of the company’s stock worth $14,067,000 after purchasing an additional 68,436 shares during the period. Maridea Wealth Management LLC acquired a new position in VanEck Fabless Semiconductor ETF during the 1st quarter valued at about $259,000. Columbus Macro LLC increased its stake in VanEck Fabless Semiconductor ETF by 13.5% during the 1st quarter. Columbus Macro LLC now owns 10,001 shares of the company’s stock valued at $372,000 after buying an additional 1,190 shares during the period. Envestnet Asset Management Inc. increased its stake in VanEck Fabless Semiconductor ETF by 24.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 9,550 shares of the company’s stock valued at $610,000 after buying an additional 1,893 shares during the period. Finally, Concorde Asset Management LLC bought a new stake in shares of VanEck Fabless Semiconductor ETF during the 2nd quarter worth about $283,000.

About VanEck Fabless Semiconductor ETF

(Get Free Report)

The VanEck Fabless Semiconductor ETF (SMHX) is an exchange-traded fund that mostly invests in information technology equity. The fund tracks an index of US companies that design and develop semiconductor chips but outsources their manufacturing. Selection and weighting are based on free-float market capitalization. SMHX was launched on Aug 27, 2024 and is issued by VanEck.