Visionary Wealth Advisors Trims Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Visionary Wealth Advisors lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 60.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,690 shares of the company’s stock after selling 2,534 shares during the period. Visionary Wealth Advisors’ holdings in VanEck Semiconductor ETF were worth $409,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in SMH. JPMorgan Chase & Co. increased its position in VanEck Semiconductor ETF by 10.3% during the 4th quarter. JPMorgan Chase & Co. now owns 1,437,381 shares of the company’s stock valued at $348,091,000 after purchasing an additional 133,724 shares during the period. Main Management ETF Advisors LLC increased its position in VanEck Semiconductor ETF by 3.2% during the 4th quarter. Main Management ETF Advisors LLC now owns 972,740 shares of the company’s stock valued at $235,568,000 after purchasing an additional 29,920 shares during the period. Meitav Investment House Ltd. increased its position in VanEck Semiconductor ETF by 4.1% during the 4th quarter. Meitav Investment House Ltd. now owns 624,975 shares of the company’s stock valued at $151,269,000 after purchasing an additional 24,516 shares during the period. Raymond James Financial Inc. purchased a new position in VanEck Semiconductor ETF during the 4th quarter valued at about $144,385,000. Finally, D. E. Shaw & Co. Inc. purchased a new position in VanEck Semiconductor ETF during the 4th quarter valued at about $121,329,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $245.54 on Wednesday. The company has a market capitalization of $22.24 billion, a price-to-earnings ratio of 30.48 and a beta of 1.35. The company’s 50-day simple moving average is $214.26 and its two-hundred day simple moving average is $234.60. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $283.07.

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.