VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by Brown Brothers Harriman & Co.

Brown Brothers Harriman & Co. lessened its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 14.0% during the 3rd quarter, Holdings Channel reports. The fund owned 2,483 shares of the company’s stock after selling 405 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in VanEck Semiconductor ETF were worth $609,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. SG Americas Securities LLC grew its stake in shares of VanEck Semiconductor ETF by 101.1% in the second quarter. SG Americas Securities LLC now owns 13,898 shares of the company’s stock valued at $3,623,000 after buying an additional 1,270,998 shares in the last quarter. Healthcare of Ontario Pension Plan Trust Fund grew its position in VanEck Semiconductor ETF by 46.3% in the 2nd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 1,624,000 shares of the company’s stock valued at $423,377,000 after acquiring an additional 514,000 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. increased its stake in VanEck Semiconductor ETF by 109.8% during the second quarter. Migdal Insurance & Financial Holdings Ltd. now owns 944,164 shares of the company’s stock worth $246,144,000 after purchasing an additional 494,164 shares during the period. Liberty Wealth Management LLC lifted its position in shares of VanEck Semiconductor ETF by 24,432.5% during the second quarter. Liberty Wealth Management LLC now owns 438,641 shares of the company’s stock worth $114,354,000 after purchasing an additional 436,853 shares in the last quarter. Finally, LPL Financial LLC boosted its stake in shares of VanEck Semiconductor ETF by 20.9% in the second quarter. LPL Financial LLC now owns 1,629,628 shares of the company’s stock valued at $424,844,000 after purchasing an additional 281,252 shares during the period.

VanEck Semiconductor ETF Stock Down 0.9 %

Shares of SMH opened at $241.42 on Wednesday. The company has a market cap of $23.92 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a fifty-two week low of $156.56 and a fifty-two week high of $283.07. The firm’s 50 day moving average price is $247.96 and its 200 day moving average price is $246.91.

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.