CoreCap Advisors LLC Lowers Stock Position in VanEck Semiconductor ETF $SMH

CoreCap Advisors LLC lessened its holdings in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 13.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 8,980 shares of the company’s stock after selling 1,392 shares during the period. CoreCap Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $3,234,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Realta Investment Advisors lifted its position in VanEck Semiconductor ETF by 84.4% during the 3rd quarter. Realta Investment Advisors now owns 83 shares of the company’s stock valued at $27,000 after acquiring an additional 38 shares during the period. Sound Income Strategies LLC boosted its stake in VanEck Semiconductor ETF by 175.8% during the third quarter. Sound Income Strategies LLC now owns 91 shares of the company’s stock worth $31,000 after acquiring an additional 58 shares in the last quarter. Grey Fox Wealth Advisors LLC purchased a new stake in VanEck Semiconductor ETF in the third quarter worth about $31,000. CX Institutional increased its stake in shares of VanEck Semiconductor ETF by 288.5% during the third quarter. CX Institutional now owns 101 shares of the company’s stock valued at $33,000 after purchasing an additional 75 shares in the last quarter. Finally, Luminist Capital LLC increased its stake in shares of VanEck Semiconductor ETF by 42.1% during the second quarter. Luminist Capital LLC now owns 135 shares of the company’s stock valued at $37,000 after purchasing an additional 40 shares in the last quarter.

VanEck Semiconductor ETF Stock Performance

SMH stock opened at $374.25 on Friday. The firm has a 50 day moving average price of $400.48 and a 200-day moving average price of $366.85. VanEck Semiconductor ETF has a 52-week low of $170.11 and a 52-week high of $427.94. The firm has a market capitalization of $40.90 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52.

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.