Biltmore Family Office LLC Decreases Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Biltmore Family Office LLC decreased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 1.6% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,000 shares of the company’s stock after selling 50 shares during the quarter. Biltmore Family Office LLC’s holdings in VanEck Semiconductor ETF were worth $634,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of SMH. Alliancebernstein L.P. purchased a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $2,912,000. Franklin Resources Inc. boosted its stake in shares of VanEck Semiconductor ETF by 4.9% during the 4th quarter. Franklin Resources Inc. now owns 1,615 shares of the company’s stock worth $391,000 after acquiring an additional 76 shares in the last quarter. Russell Investments Group Ltd. boosted its stake in shares of VanEck Semiconductor ETF by 529.3% during the 4th quarter. Russell Investments Group Ltd. now owns 258 shares of the company’s stock worth $62,000 after acquiring an additional 217 shares in the last quarter. Cerity Partners LLC boosted its stake in shares of VanEck Semiconductor ETF by 59.1% during the 4th quarter. Cerity Partners LLC now owns 7,482 shares of the company’s stock worth $1,812,000 after acquiring an additional 2,778 shares in the last quarter. Finally, Renaissance Technologies LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth approximately $20,334,000.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $293.53 on Friday. VanEck Semiconductor ETF has a 1 year low of $170.11 and a 1 year high of $297.38. The company has a market capitalization of $27.10 billion, a P/E ratio of 34.83 and a beta of 1.35. The business has a 50 day moving average price of $276.76 and a 200 day moving average price of $244.00.

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.