VanEck Semiconductor ETF $SMH Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. decreased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 8.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,107,724 shares of the company’s stock after selling 103,029 shares during the period. JPMorgan Chase & Co. owned approximately 1.01% of VanEck Semiconductor ETF worth $398,925,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. WealthCollab LLC acquired a new position in VanEck Semiconductor ETF during the 4th quarter valued at about $28,000. Core Wealth Advisors LLC acquired a new position in VanEck Semiconductor ETF during the 4th quarter valued at about $36,000. CENTRAL TRUST Co increased its stake in VanEck Semiconductor ETF by 66.7% during the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after buying an additional 48 shares during the period. Caitlin John LLC acquired a new position in VanEck Semiconductor ETF during the 3rd quarter valued at about $44,000. Finally, Olistico Wealth LLC acquired a new position in VanEck Semiconductor ETF during the 4th quarter valued at about $44,000.

VanEck Semiconductor ETF Trading Down 3.4%

VanEck Semiconductor ETF stock opened at $570.91 on Thursday. The stock has a market cap of $66.33 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72. The company’s 50-day moving average price is $518.34 and its two-hundred day moving average price is $431.46. VanEck Semiconductor ETF has a 52 week low of $256.05 and a 52 week high of $642.77.

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.