Vontobel Holding Ltd. Cuts Stock Holdings in VanEck Semiconductor ETF $SMH

Vontobel Holding Ltd. lowered its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 54.0% during the second quarter, Holdings Channel reports. The fund owned 7,896 shares of the company’s stock after selling 9,264 shares during the period. Vontobel Holding Ltd.’s holdings in VanEck Semiconductor ETF were worth $2,202,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Grove Bank & Trust purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $25,000. Banque Transatlantique SA purchased a new stake in shares of VanEck Semiconductor ETF during the first quarter worth $27,000. UMB Bank n.a. purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $28,000. Hilltop National Bank purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $28,000. Finally, Arlington Trust Co LLC increased its position in shares of VanEck Semiconductor ETF by 775.0% during the first quarter. Arlington Trust Co LLC now owns 175 shares of the company’s stock worth $37,000 after acquiring an additional 155 shares during the period.

VanEck Semiconductor ETF Trading Down 5.8%

VanEck Semiconductor ETF stock opened at $325.34 on Friday. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $348.53. The stock’s fifty day simple moving average is $306.82 and its 200-day simple moving average is $266.16. The firm has a market capitalization of $32.25 billion, a P/E ratio of 34.83 and a beta of 1.35.

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.