VanEck Semiconductor ETF $SMH Shares Sold by Financial Freedom LLC

Financial Freedom LLC lowered its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 6.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 17,475 shares of the company’s stock after selling 1,253 shares during the quarter. VanEck Semiconductor ETF accounts for about 4.9% of Financial Freedom LLC’s investment portfolio, making the stock its 4th biggest holding. Financial Freedom LLC’s holdings in VanEck Semiconductor ETF were worth $10,642,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Renaissance Technologies LLC bought a new position in shares of VanEck Semiconductor ETF during the first quarter worth $141,661,000. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of VanEck Semiconductor ETF in the 3rd quarter valued at $183,763,000. Clal Insurance Enterprises Holdings Ltd increased its position 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 valued at $218,538,000 after buying an additional 295,000 shares in the last quarter. Commonwealth Equity Services LLC bought a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter valued at $120,762,000. Finally, GoalVest Advisory LLC increased its position 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 valued at $106,362,000 after buying an additional 174,590 shares in the last quarter.

VanEck Semiconductor ETF Trading Down 3.0%

Shares of VanEck Semiconductor ETF stock opened at $486.75 on Friday. The company has a market capitalization of $62.57 billion, a PE ratio of 24.39 and a beta of 1.78. VanEck Semiconductor ETF has a 12 month low of $315.05 and a 12 month high of $671.83. The stock’s fifty day simple moving average is $559.77 and its 200 day simple moving average is $522.84.

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.