VanEck Semiconductor ETF (NASDAQ:SMH) Trading 0% Higher

Shares of VanEck Semiconductor ETF (NASDAQ:SMH) traded up 0% during mid-day trading on Thursday . The company traded as high as $225.94 and last traded at $224.93. 1,153,561 shares traded hands during trading, a decline of 87% from the average session volume of 8,927,049 shares. The stock had previously closed at $224.89.

VanEck Semiconductor ETF Stock Performance

The firm’s 50 day moving average is $207.23 and its 200-day moving average is $174.61. The company has a market cap of $16.23 billion, a PE ratio of 17.19 and a beta of 1.35.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in SMH. PNC Financial Services Group Inc. lifted its position in shares of VanEck Semiconductor ETF by 9.1% in the third quarter. PNC Financial Services Group Inc. now owns 2,541 shares of the company’s stock worth $368,000 after purchasing an additional 213 shares in the last quarter. O Shaughnessy Asset Management LLC acquired a new position in VanEck Semiconductor ETF in the 3rd quarter valued at approximately $277,000. SG Americas Securities LLC increased its holdings in VanEck Semiconductor ETF by 154.9% in the 4th quarter. SG Americas Securities LLC now owns 21,358 shares of the company’s stock valued at $3,735,000 after buying an additional 12,980 shares during the period. Creative Financial Designs Inc. ADV raised its holdings in shares of VanEck Semiconductor ETF by 7.7% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,316 shares of the company’s stock worth $230,000 after buying an additional 94 shares in the last quarter. Finally, Mutual Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 12.1% during the fourth quarter. Mutual Advisors LLC now owns 3,867 shares of the company’s stock worth $676,000 after buying an additional 417 shares in the last quarter.

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.