VanEck Semiconductor ETF $SMH Stock Holdings Lessened by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC reduced its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 26.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,799 shares of the company’s stock after selling 1,747 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,922,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Meitav Investment House Ltd. lifted its holdings in VanEck Semiconductor ETF by 17.3% during the 1st quarter. Meitav Investment House Ltd. now owns 905,426 shares of the company’s stock valued at $347,140,000 after purchasing an additional 133,601 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its position in shares of VanEck Semiconductor ETF by 107.3% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 570,000 shares of the company’s stock valued at $218,538,000 after purchasing an additional 295,000 shares during the period. Cetera Investment Advisers raised its position in shares of VanEck Semiconductor ETF by 3.4% in 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 during the period. Renaissance Technologies LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 1st quarter worth about $141,661,000. Finally, GoalVest Advisory LLC lifted its stake in shares of VanEck Semiconductor ETF by 290,983.3% during the 3rd quarter. GoalVest Advisory LLC now owns 174,650 shares of the company’s stock worth $106,362,000 after buying an additional 174,590 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 1.9%

NASDAQ:SMH opened at $556.70 on Thursday. The stock has a market cap of $67.74 billion, a P/E ratio of 34.83 and a beta of 1.73. The stock has a 50 day simple moving average of $577.20 and a 200 day simple moving average of $565.50. VanEck Semiconductor ETF has a 1-year low of $315.05 and a 1-year high of $671.83.

About VanEck Semiconductor ETF

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.