Y.D. More Investments Ltd Sells 2,103 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Y.D. More Investments Ltd trimmed its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 6.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 30,705 shares of the company’s stock after selling 2,103 shares during the period. VanEck Semiconductor ETF comprises 1.1% of Y.D. More Investments Ltd’s investment portfolio, making the stock its 25th largest position. Y.D. More Investments Ltd’s holdings in VanEck Semiconductor ETF were worth $5,369,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of SMH. CI Investments Inc. grew its stake in shares of VanEck Semiconductor ETF by 166.7% during the third quarter. CI Investments Inc. now owns 1,553,303 shares of the company’s stock valued at $225,198,000 after buying an additional 970,943 shares during the last quarter. Meitav Investment House Ltd. raised its stake in shares of VanEck Semiconductor ETF by 103.2% during the fourth quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock valued at $127,948,000 after acquiring an additional 371,831 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its holdings in shares of VanEck Semiconductor ETF by 103.9% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 295,190 shares of the company’s stock worth $51,620,000 after purchasing an additional 150,444 shares during the period. International Assets Investment Management LLC bought a new stake in shares of VanEck Semiconductor ETF in the fourth quarter worth about $40,189,000. Finally, Cambridge Investment Research Advisors Inc. raised its position in VanEck Semiconductor ETF by 57.8% during the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 192,304 shares of the company’s stock valued at $27,880,000 after purchasing an additional 70,435 shares during the last quarter.

VanEck Semiconductor ETF Trading Down 2.9 %

Shares of SMH stock traded down $6.24 during trading hours on Wednesday, reaching $207.85. The company’s stock had a trading volume of 12,904,799 shares, compared to its average volume of 8,676,688. The stock has a market capitalization of $17.48 billion, a P/E ratio of 17.70 and a beta of 1.35. The firm’s fifty day simple moving average is $218.60 and its 200 day simple moving average is $186.86. VanEck Semiconductor ETF has a one year low of $120.93 and a one year 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.