VanEck Semiconductor ETF $SMH Stake Decreased by Insight Advisors LLC PA

Insight Advisors LLC PA decreased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 47.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,090 shares of the company’s stock after selling 999 shares during the quarter. Insight Advisors LLC PA’s holdings in VanEck Semiconductor ETF were worth $664,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in SMH. Renaissance Technologies LLC bought a new stake in shares of VanEck Semiconductor ETF during the 1st quarter valued at $141,661,000. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of VanEck Semiconductor ETF by 107.3% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock worth $218,538,000 after purchasing an additional 295,000 shares in the last quarter. GoalVest Advisory LLC increased its stake in shares of VanEck Semiconductor ETF by 290,983.3% in the 3rd quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock worth $106,362,000 after purchasing an additional 174,590 shares in the last quarter. Meitav Investment House Ltd. increased its stake 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 worth $347,140,000 after purchasing an additional 133,601 shares in the last quarter. Finally, Copley Financial Group Inc. bought a new position in VanEck Semiconductor ETF in the 2nd quarter worth $49,407,000.

VanEck Semiconductor ETF Stock Performance

NASDAQ SMH opened at $523.35 on Friday. The company has a market capitalization of $63.69 billion, a PE ratio of 34.83 and a beta of 1.73. The business’s fifty day moving average is $575.89 and its 200 day moving average is $566.42. VanEck Semiconductor ETF has a fifty-two week low of $315.05 and a fifty-two week 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.