LM Advisors LLC Sells 825 Shares of VanEck Semiconductor ETF $SMH

LM Advisors LLC lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 59.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 574 shares of the company’s stock after selling 825 shares during the period. LM Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $207,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Flagstar Advisors Inc. raised its position in VanEck Semiconductor ETF by 68.2% during the 4th quarter. Flagstar Advisors Inc. now owns 5,910 shares of the company’s stock valued at $2,128,000 after purchasing an additional 2,396 shares during the last quarter. Bright Futures Wealth Management LLC. bought a new position in VanEck Semiconductor ETF during the 3rd quarter valued at approximately $1,934,000. Mirae Asset Global Investments Co. Ltd. raised its position in VanEck Semiconductor ETF by 58.4% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,481 shares of the company’s stock valued at $11,697,000 after purchasing an additional 11,973 shares during the last quarter. Mezzasalma Advisors LLC raised its position in VanEck Semiconductor ETF by 67.9% during the 4th quarter. Mezzasalma Advisors LLC now owns 15,159 shares of the company’s stock valued at $5,459,000 after purchasing an additional 6,130 shares during the last quarter. Finally, Assetmark Inc. raised its position in VanEck Semiconductor ETF by 24.9% during the 4th quarter. Assetmark Inc. now owns 62,474 shares of the company’s stock valued at $22,499,000 after purchasing an additional 12,467 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

SMH opened at $619.96 on Friday. The business has a 50 day simple moving average of $527.42 and a two-hundred day simple moving average of $434.76. The firm has a market capitalization of $72.03 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72. VanEck Semiconductor ETF has a one year low of $256.05 and a one year high of $642.77.

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.