ERn Financial LLC Trims Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

ERn Financial LLC decreased its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 24.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 7,516 shares of the company’s stock after selling 2,455 shares during the quarter. ERn Financial LLC’s holdings in VanEck Semiconductor ETF were worth $1,355,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of SMH. Retirement Income Solutions Inc raised its position in VanEck Semiconductor ETF by 26.1% in the 1st quarter. Retirement Income Solutions Inc now owns 1,695 shares of the company’s stock valued at $457,000 after purchasing an additional 351 shares during the last quarter. TradeLink Capital LLC acquired a new position in VanEck Semiconductor ETF in the 1st quarter valued at $1,052,000. JPMorgan Chase & Co. increased its stake in VanEck Semiconductor ETF by 44.3% in the 1st quarter. JPMorgan Chase & Co. now owns 37,718 shares of the company’s stock valued at $10,176,000 after buying an additional 11,584 shares during the period. Synovus Financial Corp increased its stake in VanEck Semiconductor ETF by 12.4% in the 1st quarter. Synovus Financial Corp now owns 905 shares of the company’s stock valued at $244,000 after buying an additional 100 shares during the period. Finally, Cibc World Market Inc. increased its stake in VanEck Semiconductor ETF by 190.0% in the 1st quarter. Cibc World Market Inc. now owns 19,587 shares of the company’s stock valued at $5,284,000 after buying an additional 12,834 shares during the period.

VanEck Semiconductor ETF Stock Performance

SMH traded up $0.10 during trading on Friday, hitting $224.99. The stock had a trading volume of 3,763,264 shares, compared to its average volume of 8,973,510. The firm has a market capitalization of $16.23 billion, a P/E ratio of 17.19 and a beta of 1.35. The company’s 50-day moving average price is $208.13 and its 200 day moving average price is $174.96. VanEck Semiconductor ETF has a twelve month low of $118.57 and a twelve month high of $239.14.

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.