Choreo LLC Sells 264 Shares of VanEck Semiconductor ETF $SMH

Choreo LLC lessened its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.5% during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 7,310 shares of the company’s stock after selling 264 shares during the period. Choreo LLC’s holdings in VanEck Semiconductor ETF were worth $2,039,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of SMH. Goldman Sachs Group Inc. boosted its stake in shares of VanEck Semiconductor ETF by 46.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 2,873,885 shares of the company’s stock worth $607,740,000 after purchasing an additional 907,073 shares during the period. JPMorgan Chase & Co. lifted its stake in VanEck Semiconductor ETF by 93.3% in the second quarter. JPMorgan Chase & Co. now owns 1,458,395 shares of the company’s stock worth $406,718,000 after purchasing an additional 703,799 shares during the last quarter. Migdal Insurance & Financial Holdings Ltd. boosted its position in shares of VanEck Semiconductor ETF by 3,235,614.3% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 453,000 shares of the company’s stock valued at $126,333,000 after buying an additional 452,986 shares during the period. Clal Insurance Enterprises Holdings Ltd purchased a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $62,748,000. Finally, Allianz SE bought a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $55,524,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $352.20 on Friday. VanEck Semiconductor ETF has a fifty-two week low of $170.11 and a fifty-two week high of $372.78. The company has a market cap of $35.36 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. The business’s 50 day moving average price is $342.65 and its 200-day moving average price is $300.73.

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.