VanEck Semiconductor ETF $SMH Stake Trimmed by Diversified Enterprises LLC

Diversified Enterprises LLC lowered its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 1.0% during the fourth quarter, HoldingsChannel reports. The firm owned 177,986 shares of the company’s stock after selling 1,784 shares during the period. VanEck Semiconductor ETF accounts for approximately 3.8% of Diversified Enterprises LLC’s holdings, making the stock its 5th biggest position. Diversified Enterprises LLC’s holdings in VanEck Semiconductor ETF were worth $64,098,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. AQR Capital Management LLC grew its stake in VanEck Semiconductor ETF by 4.8% during the 1st quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after acquiring an additional 109 shares in the last quarter. Empowered Funds LLC grew its stake in VanEck Semiconductor ETF by 32.5% during the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock valued at $2,493,000 after acquiring an additional 2,890 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in VanEck Semiconductor ETF by 28.6% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $133,000 after acquiring an additional 106 shares in the last quarter. First Trust Advisors LP purchased a new position in VanEck Semiconductor ETF during the 2nd quarter valued at about $370,000. Finally, Gamco Investors INC. ET AL purchased a new position in VanEck Semiconductor ETF during the 2nd quarter valued at about $1,116,000.

VanEck Semiconductor ETF Price Performance

NASDAQ:SMH opened at $481.85 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $202.18 and a fifty-two week high of $488.08. The stock’s 50-day moving average is $410.91 and its two-hundred day moving average is $381.70. The stock has a market cap of $54.93 billion, a PE ratio of 34.83 and a beta of 1.55.

VanEck Semiconductor ETF Company 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.