Sequoia Financial Advisors LLC trimmed its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 18.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 6,336 shares of the company’s stock after selling 1,449 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $2,429,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other hedge funds also recently added to or reduced their stakes in SMH. WealthCollab LLC acquired a new position in shares of VanEck Semiconductor ETF during the fourth quarter valued at about $28,000. Investment Counsel Co. of Nevada acquired a new stake in VanEck Semiconductor ETF in the 4th quarter worth approximately $35,000. Core Wealth Advisors LLC acquired a new stake in VanEck Semiconductor ETF in the 4th quarter worth approximately $36,000. Jessup Wealth Management Inc purchased a new stake in VanEck Semiconductor ETF during the 4th quarter worth approximately $40,000. Finally, CENTRAL TRUST Co grew its position in VanEck Semiconductor ETF by 66.7% during the 4th quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock worth $43,000 after purchasing an additional 48 shares during the last quarter.
VanEck Semiconductor ETF Trading Up 2.5%
NASDAQ SMH opened at $600.31 on Wednesday. The company has a fifty day simple moving average of $599.06 and a two-hundred day simple moving average of $476.13. The stock has a market cap of $72.12 billion, a P/E ratio of 34.83 and a beta of 1.71. VanEck Semiconductor ETF has a 12-month low of $279.19 and a 12-month high of $671.83.
Trending Headlines about VanEck Semiconductor ETF
- Positive Sentiment: AI-related commentary remains a key tailwind for semiconductor stocks, with one article arguing that a major “tectonic” AI shift is still underway and likely to keep demand strong for chipmakers held by SMH. The Tectonic AI Shift Is Here
- Positive Sentiment: Recent coverage on semiconductor-focused ETFs highlights ongoing investor interest in broad exposure to the chip sector, which can support flows into SMH. Should You Invest in the VanEck Semiconductor ETF (SMH)?
- Neutral Sentiment: Analyst-style ETF pieces on “which hot funds have staying power” and whether SMH is worth owning are likely to keep the ETF in focus, but they do not appear to introduce a major new catalyst. Which Hot Funds Have Staying Power? Should You Invest in the VanEck Semiconductor ETF (SMH)?
- Negative Sentiment: Market commentary points to renewed volatility in tech after Monday’s selloff, suggesting semiconductors could remain sensitive to macro headlines and risk-off trading. Earnings, CPI, Persian Gulf Roil Wall Street Pre-Bell; Asia Up, Europe Off
- Negative Sentiment: Articles warning that chip stocks may face pressure after Taiwan Semiconductor earnings and that recent gains in leveraged semis could be hard to sustain may weigh on sentiment for SMH. 5 Stocks That Can Win or Lose After Taiwan Semiconductor Earnings The 2 Pressure Points That Will Determine SOXL’s Next 12 Months
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.
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