Kintra Wealth LLC Lowers Position in VanEck Semiconductor ETF $SMH

Kintra Wealth LLC cut its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 54.2% during the 2nd quarter, Holdings Channel.com reports. The fund owned 2,435 shares of the company’s stock after selling 2,882 shares during the period. Kintra Wealth LLC’s holdings in VanEck Semiconductor ETF were worth $1,597,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Bank of America Corp DE lifted its position in shares of VanEck Semiconductor ETF by 170.8% during the fourth quarter. Bank of America Corp DE now owns 12,174,182 shares of the company’s stock valued at $4,384,288,000 after purchasing an additional 7,678,318 shares in the last quarter. Morgan Stanley grew its position in VanEck Semiconductor ETF by 4.8% in the 4th quarter. Morgan Stanley now owns 2,657,540 shares of the company’s stock worth $957,061,000 after purchasing an additional 121,815 shares in the last quarter. Meitav Investment House Ltd. grew its position in 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. Focus Partners Wealth increased its stake in VanEck Semiconductor ETF by 906.5% in the 4th quarter. Focus Partners Wealth now owns 745,768 shares of the company’s stock valued at $268,562,000 after buying an additional 671,673 shares during the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd increased its stake 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 valued at $218,538,000 after buying an additional 295,000 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $567.01 on Monday. VanEck Semiconductor ETF has a twelve month low of $289.25 and a twelve month high of $671.83. The stock’s 50 day moving average price is $573.59 and its 200-day moving average price is $521.96. The company has a market capitalization of $71.24 billion, a PE ratio of 34.83 and a beta of 1.73.

VanEck Semiconductor ETF Company 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.