Good Life Advisors LLC Sells 1,029 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Good Life Advisors LLC cut its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 5.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 17,755 shares of the company’s stock after selling 1,029 shares during the period. Good Life Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $4,358,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SMH. Jane Street Group LLC raised its stake in shares of VanEck Semiconductor ETF by 20.9% in the first quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock worth $1,360,049,000 after buying an additional 1,045,570 shares during the period. LPL Financial LLC grew its position in shares of VanEck Semiconductor ETF by 20.9% during the second quarter. LPL Financial LLC now owns 1,629,628 shares of the company’s stock valued at $424,844,000 after purchasing an additional 281,252 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its position in shares of VanEck Semiconductor ETF by 46.3% during the second quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock valued at $423,377,000 after purchasing an additional 514,000 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. grew its position in VanEck Semiconductor ETF by 109.8% in the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 944,164 shares of the company’s stock worth $246,144,000 after acquiring an additional 494,164 shares in the last quarter. Finally, Main Management ETF Advisors LLC grew its position in VanEck Semiconductor ETF by 2.6% in the second quarter. Main Management ETF Advisors LLC now owns 689,520 shares of the company’s stock worth $179,758,000 after acquiring an additional 17,340 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 3.2 %

SMH traded up $7.92 on Thursday, hitting $255.24. The company had a trading volume of 3,459,354 shares, compared to its average volume of 8,257,604. VanEck Semiconductor ETF has a 12-month low of $136.10 and a 12-month high of $283.07. The business’s fifty day simple moving average is $240.39 and its 200 day simple moving average is $240.32. The company has a market cap of $25.00 billion, a PE ratio of 18.82 and a beta of 1.35.

VanEck Semiconductor ETF 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.