VanEck Semiconductor ETF $SMH Shares Sold by Crown Wealth Group LLC

Crown Wealth Group LLC trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 25.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 18,310 shares of the company’s stock after selling 6,200 shares during the period. VanEck Semiconductor ETF makes up about 1.8% of Crown Wealth Group LLC’s portfolio, making the stock its 14th largest holding. Crown Wealth Group LLC’s holdings in VanEck Semiconductor ETF were worth $6,594,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Trademark Financial Management LLC lifted its position in VanEck Semiconductor ETF by 67.8% in the fourth quarter. Trademark Financial Management LLC now owns 1,774 shares of the company’s stock worth $639,000 after purchasing an additional 717 shares during the period. Migdal Insurance & Financial Holdings Ltd. lifted its position in shares of VanEck Semiconductor ETF by 72.6% during the 4th quarter. Migdal Insurance & Financial Holdings Ltd. now owns 403,452 shares of the company’s stock valued at $145,296,000 after acquiring an additional 169,737 shares during the last quarter. WealthCollab LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 4th quarter valued at $28,000. Purus Wealth Management LLC lifted its position in shares of VanEck Semiconductor ETF by 4.6% during the 4th quarter. Purus Wealth Management LLC now owns 3,235 shares of the company’s stock valued at $1,165,000 after acquiring an additional 141 shares during the last quarter. Finally, Able Wealth Management LLC lifted its position in shares of VanEck Semiconductor ETF by 5.1% during the 4th quarter. Able Wealth Management LLC now owns 10,303 shares of the company’s stock valued at $3,711,000 after acquiring an additional 497 shares during the last quarter.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ:SMH opened at $464.66 on Wednesday. VanEck Semiconductor ETF has a one year low of $188.96 and a one year high of $468.43. The stock has a fifty day moving average of $408.15 and a 200-day moving average of $380.33. The company has a market capitalization of $53.41 billion, a PE ratio of 34.83 and a beta of 1.55.

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.