VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by SteelPeak Wealth LLC

SteelPeak Wealth LLC trimmed its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 77.8% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,159 shares of the company’s stock after selling 4,062 shares during the period. SteelPeak Wealth LLC’s holdings in VanEck Semiconductor ETF were worth $261,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Stifel Financial Corp grew its position in VanEck Semiconductor ETF by 1.4% during the third quarter. Stifel Financial Corp now owns 45,278 shares of the company’s stock worth $6,565,000 after buying an additional 605 shares during the period. O Shaughnessy Asset Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the 3rd quarter worth approximately $277,000. Qube Research & Technologies Ltd increased its stake in VanEck Semiconductor ETF by 40,922.6% in the 3rd quarter. Qube Research & Technologies Ltd now owns 25,434 shares of the company’s stock valued at $3,687,000 after purchasing an additional 25,372 shares in the last quarter. EHP Funds Inc. raised its holdings in VanEck Semiconductor ETF by 156.2% during the third quarter. EHP Funds Inc. now owns 153,700 shares of the company’s stock worth $22,283,000 after purchasing an additional 93,700 shares during the last quarter. Finally, Scotia Capital Inc. boosted its position in VanEck Semiconductor ETF by 1.7% during the third quarter. Scotia Capital Inc. now owns 39,473 shares of the company’s stock worth $5,724,000 after purchasing an additional 659 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

VanEck Semiconductor ETF stock opened at $260.70 on Monday. The firm has a market capitalization of $22.03 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $136.10 and a fifty-two week high of $279.57. The stock’s fifty day moving average is $239.98 and its two-hundred day moving average is $214.22.

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.