WESPAC Advisors LLC Decreases Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

WESPAC Advisors LLC lowered its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 6.8% in the third quarter, Holdings Channel reports. The firm owned 983 shares of the company’s stock after selling 72 shares during the period. WESPAC Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $241,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Jane Street Group LLC increased its stake in VanEck Semiconductor ETF by 20.9% during the 1st 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 in the last quarter. LPL Financial LLC increased its position in shares of VanEck Semiconductor ETF by 7.0% during the third quarter. LPL Financial LLC now owns 1,743,333 shares of the company’s stock worth $427,901,000 after purchasing an additional 113,705 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund raised its stake in VanEck Semiconductor ETF by 46.3% in the 2nd 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 during the last quarter. Migdal Insurance & Financial Holdings Ltd. lifted its holdings in VanEck Semiconductor ETF by 109.8% in the 2nd quarter. Migdal Insurance & Financial Holdings Ltd. now owns 944,164 shares of the company’s stock valued at $246,144,000 after purchasing an additional 494,164 shares in the last quarter. Finally, Main Management ETF Advisors LLC boosted its stake in VanEck Semiconductor ETF by 2.6% during the 2nd quarter. Main Management ETF Advisors LLC now owns 689,520 shares of the company’s stock worth $179,758,000 after purchasing an additional 17,340 shares during the last quarter.

VanEck Semiconductor ETF Stock Down 0.6 %

VanEck Semiconductor ETF stock opened at $244.62 on Friday. The company has a fifty day simple moving average of $247.61 and a 200-day simple moving average of $246.44. The firm has a market capitalization of $24.24 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 52-week low of $156.56 and a 52-week high of $283.07.

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.