Claro Advisors Inc. decreased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 17.2% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 11,445 shares of the company’s stock after selling 2,372 shares during the quarter. VanEck Semiconductor ETF comprises 0.7% of Claro Advisors Inc.’s holdings, making the stock its 29th biggest position. Claro Advisors Inc.’s holdings in VanEck Semiconductor ETF were worth $6,970,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Allied Private Wealth LLC acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $26,000. MassMutual Private Wealth & Trust FSB purchased a new position in shares of VanEck Semiconductor ETF during the second quarter worth approximately $30,000. Kings Path Partners LLC purchased a new position in shares of VanEck Semiconductor ETF during the third quarter worth approximately $30,000. Timbuktu Capital Management LLC purchased a new position in shares of VanEck Semiconductor ETF during the second quarter worth approximately $33,000. Finally, Resources Management Corp CT ADV acquired a new position in shares of VanEck Semiconductor ETF in the 1st quarter valued at $38,000.
VanEck Semiconductor ETF Stock Performance
Shares of VanEck Semiconductor ETF stock opened at $446.05 on Friday. The company has a market capitalization of $56.64 billion, a P/E ratio of 34.83 and a beta of 1.78. VanEck Semiconductor ETF has a 1 year low of $315.05 and a 1 year high of $671.83. The company’s fifty day moving average is $567.78 and its two-hundred day moving average is $520.19.
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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