TD Waterhouse Canada Inc. decreased its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 6.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 55,173 shares of the company’s stock after selling 3,973 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in VanEck Semiconductor ETF were worth $34,210,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Peak Planning Group LLC bought a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at approximately $3,007,000. WealthBridge Capital Management LLC bought a new position in VanEck Semiconductor ETF during the first quarter worth $1,393,000. Kane Investment Management Inc. raised its stake in VanEck Semiconductor ETF by 66.7% during the 4th quarter. Kane Investment Management Inc. now owns 2,689 shares of the company’s stock valued at $968,000 after purchasing an additional 1,076 shares during the last quarter. Osbon Capital Management LLC bought a new stake in VanEck Semiconductor ETF in the 4th quarter valued at $1,962,000. Finally, Petredis Investment Advisors LLC grew its position in VanEck Semiconductor ETF by 2.6% in the 1st quarter. Petredis Investment Advisors LLC now owns 46,188 shares of the company’s stock worth $17,708,000 after purchasing an additional 1,161 shares during the last quarter.
VanEck Semiconductor ETF Stock Performance
NASDAQ:SMH opened at $567.01 on Friday. The firm’s 50-day moving average is $573.59 and its 200-day moving average is $521.16. The company has a market cap of $71.24 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a 52-week low of $289.25 and a 52-week high of $671.83.
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.
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