VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 23.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 19,714 shares of the company’s stock after selling 6,202 shares during the quarter. Bank of New York Mellon Corp’s holdings in VanEck Semiconductor ETF were worth $4,169,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Financial Engines Advisors L.L.C. raised its position in VanEck Semiconductor ETF by 44.8% in the fourth quarter. Financial Engines Advisors L.L.C. now owns 1,183 shares of the company’s stock valued at $286,000 after purchasing an additional 366 shares during the period. JPMorgan Chase & Co. grew its stake in shares of VanEck Semiconductor ETF by 10.3% during the fourth quarter. JPMorgan Chase & Co. now owns 1,437,381 shares of the company’s stock valued at $348,091,000 after acquiring an additional 133,724 shares in the last quarter. Howe & Rusling Inc. grew its stake in shares of VanEck Semiconductor ETF by 17.6% during the fourth quarter. Howe & Rusling Inc. now owns 1,011 shares of the company’s stock valued at $245,000 after acquiring an additional 151 shares in the last quarter. Orion Portfolio Solutions LLC grew its stake in shares of VanEck Semiconductor ETF by 271.9% during the fourth quarter. Orion Portfolio Solutions LLC now owns 31,817 shares of the company’s stock valued at $7,705,000 after acquiring an additional 23,262 shares in the last quarter. Finally, Level Four Advisory Services LLC grew its stake in shares of VanEck Semiconductor ETF by 2.4% during the fourth quarter. Level Four Advisory Services LLC now owns 27,118 shares of the company’s stock valued at $6,567,000 after acquiring an additional 630 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

NASDAQ:SMH opened at $287.49 on Friday. The company has a market capitalization of $26.53 billion, a price-to-earnings ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $293.53. The stock has a 50-day simple moving average of $267.09 and a 200 day simple moving average of $241.56.

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.