Eclectic Associates Inc. ADV Lowers Holdings in VanEck Semiconductor ETF $SMH

Eclectic Associates Inc. ADV trimmed its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 55.8% during the 4th quarter, HoldingsChannel reports. The fund owned 3,636 shares of the company’s stock after selling 4,585 shares during the quarter. Eclectic Associates Inc. ADV’s holdings in VanEck Semiconductor ETF were worth $1,309,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Sequoia Financial Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 183.4% during the fourth quarter. Sequoia Financial Advisors LLC now owns 7,785 shares of the company’s stock valued at $2,804,000 after acquiring an additional 5,038 shares in the last quarter. WealthShield Partners LLC bought a new position in VanEck Semiconductor ETF in the 4th quarter worth about $72,000. Encompass More Asset Management grew its position in VanEck Semiconductor ETF by 54.3% during the 4th quarter. Encompass More Asset Management now owns 1,251 shares of the company’s stock valued at $451,000 after purchasing an additional 440 shares during the last quarter. Indivisible Partners purchased a new stake in VanEck Semiconductor ETF during the 4th quarter valued at about $252,000. Finally, BOKF NA increased its stake in VanEck Semiconductor ETF by 78.3% during the 4th quarter. BOKF NA now owns 888 shares of the company’s stock valued at $320,000 after purchasing an additional 390 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of VanEck Semiconductor ETF stock opened at $549.76 on Thursday. The company has a 50-day simple moving average of $425.09 and a two-hundred day simple moving average of $390.79. The stock has a market capitalization of $63.88 billion, a PE ratio of 34.83 and a beta of 1.70. VanEck Semiconductor ETF has a 52-week low of $214.19 and a 52-week high of $549.88.

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.