VanEck Semiconductor ETF $SMH Shares Sold by Iron Gate Global Advisors LLC

Iron Gate Global Advisors LLC lessened its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 86.5% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 3,300 shares of the company’s stock after selling 21,117 shares during the quarter. Iron Gate Global Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $1,188,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of SMH. AQR Capital Management LLC raised its stake in shares of VanEck Semiconductor ETF by 4.8% in the first quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after acquiring an additional 109 shares in the last quarter. Empowered Funds LLC raised its stake in shares of VanEck Semiconductor ETF by 32.5% in the first quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock valued at $2,493,000 after acquiring an additional 2,890 shares in the last quarter. EverSource Wealth Advisors LLC raised its stake in shares of VanEck Semiconductor ETF by 28.6% in the second quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock valued at $133,000 after acquiring an additional 106 shares in the last quarter. First Trust Advisors LP acquired a new stake in VanEck Semiconductor ETF in the second quarter valued at approximately $370,000. Finally, Gamco Investors INC. ET AL acquired a new stake in VanEck Semiconductor ETF in the second quarter valued at approximately $1,116,000.

VanEck Semiconductor ETF Stock Up 1.3%

Shares of NASDAQ:SMH opened at $623.97 on Thursday. The firm’s 50 day moving average price is $541.55 and its 200 day moving average price is $441.43. The stock has a market cap of $72.50 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a fifty-two week low of $257.12 and a fifty-two week high of $649.24.

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.