Nwam LLC Cuts Holdings in VanEck Semiconductor ETF $SMH

Nwam LLC lowered its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 14.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,500 shares of the company’s stock after selling 3,584 shares during the quarter. VanEck Semiconductor ETF accounts for 0.7% of Nwam LLC’s investment portfolio, making the stock its 29th biggest position. Nwam LLC’s holdings in VanEck Semiconductor ETF were worth $14,102,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in shares of VanEck Semiconductor ETF by 170.8% in the 4th quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after purchasing an additional 7,678,318 shares in the last quarter. Morgan Stanley lifted its position in VanEck Semiconductor ETF by 4.8% during the fourth quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock valued at $957,061,000 after buying an additional 121,815 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its stake in VanEck Semiconductor ETF by 158.7% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock worth $431,759,000 after buying an additional 735,425 shares during the period. Meitav Investment House Ltd. grew its stake in VanEck Semiconductor ETF by 17.3% during the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after buying an additional 133,601 shares during the period. Finally, Focus Partners Wealth increased its position in shares of VanEck Semiconductor ETF by 906.5% in the fourth quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock worth $268,562,000 after acquiring an additional 671,673 shares in the last quarter.

VanEck Semiconductor ETF Trading Up 0.6%

NASDAQ:SMH opened at $556.63 on Tuesday. The firm’s fifty day simple moving average is $579.03 and its 200 day simple moving average is $517.88. VanEck Semiconductor ETF has a twelve month low of $281.74 and a twelve month high of $671.83. The firm has a market capitalization of $69.93 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73.

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.