VanEck Semiconductor ETF $SMH Stock: Quattro Financial Advisors LLC Decreases Stake

Quattro Financial Advisors LLC lessened its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 40.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,427 shares of the company’s stock after selling 2,363 shares during the quarter. Quattro Financial Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,087,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also modified their holdings of the company. Meitav Investment House Ltd. increased its stake in shares of VanEck Semiconductor ETF by 17.3% in the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock worth $347,140,000 after purchasing an additional 133,601 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd raised its holdings in 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 worth $218,538,000 after purchasing an additional 295,000 shares during the period. Cetera Investment Advisers lifted its position in VanEck Semiconductor ETF by 3.4% during the first quarter. Cetera Investment Advisers now owns 511,623 shares of the company’s stock valued at $196,156,000 after purchasing an additional 16,810 shares in the last quarter. Renaissance Technologies LLC purchased a new position in VanEck Semiconductor ETF during the first quarter valued at $141,661,000. Finally, Rockefeller Capital Management L.P. lifted its position in VanEck Semiconductor ETF by 17.8% during the fourth quarter. Rockefeller Capital Management L.P. now owns 338,536 shares of the company’s stock valued at $121,918,000 after purchasing an additional 51,092 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $558.84 on Friday. The stock has a 50-day simple moving average of $579.57 and a two-hundred day simple moving average of $560.84. VanEck Semiconductor ETF has a 52-week low of $315.05 and a 52-week high of $671.83. The firm has a market capitalization of $67.33 billion, a PE ratio of 34.83 and a beta of 1.73.

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.