VanEck Semiconductor ETF (NASDAQ:SMH) Stake Lessened by J.W. Cole Advisors Inc.

J.W. Cole Advisors Inc. lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 3.3% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 37,842 shares of the company’s stock after selling 1,273 shares during the period. J.W. Cole Advisors Inc.’s holdings in VanEck Semiconductor ETF were worth $9,866,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SMH. SG Americas Securities LLC boosted its holdings in shares of VanEck Semiconductor ETF by 101.1% during the second quarter. SG Americas Securities LLC now owns 13,898 shares of the company’s stock valued at $3,623,000 after acquiring an additional 1,270,998 shares during the period. Jane Street Group LLC boosted its holdings in shares of VanEck Semiconductor ETF by 20.9% during the first quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock valued at $1,360,049,000 after acquiring an additional 1,045,570 shares during the period. Saudi Central Bank acquired a new position in shares of VanEck Semiconductor ETF during the fourth quarter valued at $105,273,000. Migdal Insurance & Financial Holdings Ltd. boosted its holdings in shares of VanEck Semiconductor ETF by 109.8% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 944,164 shares of the company’s stock valued at $246,144,000 after acquiring an additional 494,164 shares during the period. Finally, Liberty Wealth Management LLC boosted its holdings in shares of VanEck Semiconductor ETF by 24,432.5% during the second quarter. Liberty Wealth Management LLC now owns 438,641 shares of the company’s stock valued at $114,354,000 after acquiring an additional 436,853 shares during the period.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $236.91 on Friday. VanEck Semiconductor ETF has a 1 year low of $136.10 and a 1 year high of $283.07. The company has a market cap of $21.31 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The firm has a fifty day moving average of $241.80 and a 200-day moving average of $236.43.

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.