Elevate Capital Advisors LLC Cuts Position in VanEck Semiconductor ETF $SMH

Elevate Capital Advisors LLC lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 51.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,159 shares of the company’s stock after selling 1,229 shares during the period. Elevate Capital Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $417,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Alpha Cubed Investments LLC boosted its stake in shares of VanEck Semiconductor ETF by 2.5% in the 3rd quarter. Alpha Cubed Investments LLC now owns 1,170 shares of the company’s stock worth $382,000 after buying an additional 28 shares during the last quarter. Hazlett Burt & Watson Inc. boosted its stake in shares of VanEck Semiconductor ETF by 24.1% in the 3rd quarter. Hazlett Burt & Watson Inc. now owns 144 shares of the company’s stock worth $46,000 after buying an additional 28 shares during the last quarter. Klingman & Associates LLC boosted its stake in shares of VanEck Semiconductor ETF by 2.7% in the 3rd quarter. Klingman & Associates LLC now owns 1,100 shares of the company’s stock worth $359,000 after buying an additional 29 shares during the last quarter. Armstrong Advisory Group Inc. boosted its stake in shares of VanEck Semiconductor ETF by 1.8% in the 4th quarter. Armstrong Advisory Group Inc. now owns 1,624 shares of the company’s stock worth $585,000 after buying an additional 29 shares during the last quarter. Finally, Global Financial Private Client LLC boosted its stake in shares of VanEck Semiconductor ETF by 0.8% in the 3rd quarter. Global Financial Private Client LLC now owns 3,947 shares of the company’s stock worth $1,288,000 after buying an additional 32 shares during the last quarter.

More VanEck Semiconductor ETF News

Here are the key news stories impacting VanEck Semiconductor ETF this week:

• Positive Sentiment: Macroeconomic/geopolitical relief is boosting chip ETF demand — analysts note that hopes for a truce in the U.S.–Iran conflict have reduced near‑term risk to data centers, chips and AI spending, lifting sentiment for SMH and other tech ETFs. The Zacks Analyst Blog Highlights MAGS, QQQ, VGT, XLK, SMH and FTEC
• Positive Sentiment: SMH is being singled out for relative strength and is listed among thematic ETFs making new highs, suggesting momentum flows into semiconductor exposure. 3 Thematic ETFs Making New Highs Ahead of the Market
• Positive Sentiment: Sector-specific interest (e.g., memory) and product launches point to continued investor focus on semiconductors, supporting SMH’s rally. Roundhill Taps Surging Memory Sector with New ETF
• Neutral Sentiment: Some reported short‑interest data are inconsistent — one report shows a zero figure for April 10 (likely a reporting glitch), so treat that specific data point with caution when assessing positioning.
• Negative Sentiment: Short interest rose materially through March: as of March 31 there were ~12.42M shares sold short (up ~62.6% vs March 15), representing about 11.4% of shares — this elevated shorting is a bearish positioning risk that could amplify downside on negative news.
• Negative Sentiment: Unusually large put option flow today — investors bought ~147,424 puts (≈15% above the average daily put volume), indicating increased hedging or bearish bets that could cap upside or signal caution among derivatives traders.

VanEck Semiconductor ETF Stock Up 1.5%

Shares of NASDAQ SMH opened at $436.88 on Friday. VanEck Semiconductor ETF has a twelve month low of $184.40 and a twelve month high of $441.54. The stock’s 50 day moving average price is $399.87 and its 200-day moving average price is $373.65. The company has a market capitalization of $47.90 billion, a PE ratio of 34.83 and a beta of 1.55.

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.