NewEdge Advisors LLC Sells 22,757 Shares of VanEck Semiconductor ETF $SMH

NewEdge Advisors LLC trimmed its stake in VanEck Semiconductor ETF (NASDAQ:SMHFree Report) by 33.1% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 45,969 shares of the company’s stock after selling 22,757 shares during the period. NewEdge Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $17,625,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Bank of America Corp DE lifted its holdings in VanEck Semiconductor ETF by 170.8% during the 4th quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock worth $4,384,288,000 after buying an additional 7,678,318 shares during the period. Morgan Stanley grew its position in shares of VanEck Semiconductor ETF by 4.8% in the 4th quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock valued at $957,061,000 after buying an additional 121,815 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. increased its stake in shares of VanEck Semiconductor ETF by 158.7% in the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 1,198,897 shares of the company’s stock valued at $431,759,000 after buying an additional 735,425 shares during the period. Meitav Investment House Ltd. increased its stake in shares of VanEck Semiconductor ETF by 17.3% in the first quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock valued at $347,140,000 after buying an additional 133,601 shares during the period. Finally, Focus Partners Wealth raised its position in shares of VanEck Semiconductor ETF by 906.5% during the fourth quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock worth $268,562,000 after acquiring an additional 671,673 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

VanEck Semiconductor ETF stock opened at $504.22 on Thursday. The stock’s 50 day moving average is $599.34 and its 200 day moving average is $490.84. The firm has a market cap of $60.78 billion, a P/E ratio of 34.83 and a beta of 1.71. VanEck Semiconductor ETF has a one year low of $279.19 and a one year high of $671.83.

Key Headlines Impacting VanEck Semiconductor ETF

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VanEck Semiconductor ETF Profile

(Free Report)

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.

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Institutional Ownership by Quarter for VanEck Semiconductor ETF (NASDAQ:SMH)

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