Bank Julius Baer & Co. Ltd Zurich trimmed its holdings in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 13.2% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 76,470 shares of the company’s stock after selling 11,609 shares during the quarter. Bank Julius Baer & Co. Ltd Zurich owned about 0.11% of VanEck Semiconductor ETF worth $13,372,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also added to or reduced their stakes in the company. CI Investments Inc. boosted its stake in shares of VanEck Semiconductor ETF by 166.7% during the 3rd quarter. CI Investments Inc. now owns 1,553,303 shares of the company’s stock worth $225,198,000 after acquiring an additional 970,943 shares in the last quarter. Meitav Investment House Ltd. boosted its stake in shares of VanEck Semiconductor ETF by 103.2% during the 4th quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock worth $127,948,000 after acquiring an additional 371,831 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of VanEck Semiconductor ETF during the 4th quarter worth $40,189,000. Raymond James Financial Services Advisors Inc. boosted its stake in shares of VanEck Semiconductor ETF by 103.9% during the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 295,190 shares of the company’s stock worth $51,620,000 after acquiring an additional 150,444 shares in the last quarter. Finally, Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management purchased a new stake in shares of VanEck Semiconductor ETF in the third quarter valued at $18,775,000.
VanEck Semiconductor ETF Stock Up 2.6 %
Shares of SMH traded up $5.44 during mid-day trading on Friday, reaching $217.64. The company’s stock had a trading volume of 6,314,581 shares, compared to its average volume of 8,718,253. The business has a fifty day moving average of $217.62 and a 200 day moving average of $184.96. The company has a market cap of $18.34 billion, a price-to-earnings ratio of 17.70 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $118.57 and a 1 year high of $239.14.
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.
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