SCS Capital Management LLC Has $5.58 Million Position in VanEck Semiconductor ETF $SMH

SCS Capital Management LLC reduced its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 6.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,497 shares of the company’s stock after selling 1,098 shares during the period. SCS Capital Management LLC’s holdings in VanEck Semiconductor ETF were worth $5,581,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. WealthCollab LLC acquired a new position in VanEck Semiconductor ETF in the fourth quarter valued at approximately $28,000. Core Wealth Advisors LLC acquired a new position in VanEck Semiconductor ETF in the fourth quarter valued at approximately $36,000. CENTRAL TRUST Co lifted its holdings in VanEck Semiconductor ETF by 66.7% in the fourth quarter. CENTRAL TRUST Co now owns 120 shares of the company’s stock valued at $43,000 after buying an additional 48 shares during the period. Caitlin John LLC acquired a new position in VanEck Semiconductor ETF in the third quarter valued at approximately $44,000. Finally, Olistico Wealth LLC acquired a new position in VanEck Semiconductor ETF in the fourth quarter valued at approximately $44,000.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ SMH opened at $607.81 on Tuesday. The company’s 50 day simple moving average is $488.03 and its 200 day simple moving average is $418.65. VanEck Semiconductor ETF has a fifty-two week low of $238.96 and a fifty-two week high of $613.43. The firm has a market capitalization of $70.62 billion, a P/E ratio of 34.83 and a beta of 1.70.

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.