VanEck Semiconductor ETF $SMH Position Reduced by Able Wealth Management LLC

Able Wealth Management LLC trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 44.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,699 shares of the company’s stock after selling 4,604 shares during the period. Able Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $2,185,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in SMH. Flagstar Advisors Inc. boosted 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 period. Mirae Asset Global Investments Co. Ltd. increased its position in VanEck Semiconductor ETF by 58.4% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 32,481 shares of the company’s stock worth $11,697,000 after buying an additional 11,973 shares during the period. Apollon Wealth Management LLC increased its position in VanEck Semiconductor ETF by 2.9% in the fourth quarter. Apollon Wealth Management LLC now owns 47,977 shares of the company’s stock worth $17,278,000 after buying an additional 1,356 shares during the period. Allspring Global Investments Holdings LLC lifted its stake in VanEck Semiconductor ETF by 128.0% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 8,510 shares of the company’s stock valued at $3,177,000 after buying an additional 4,778 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its stake in VanEck Semiconductor ETF by 72.6% in the fourth quarter. Migdal Insurance & Financial Holdings Ltd. now owns 403,452 shares of the company’s stock valued at $145,296,000 after buying an additional 169,737 shares during the last quarter.

More VanEck Semiconductor ETF News

Here are the key news stories impacting VanEck Semiconductor ETF this week:

• Positive Sentiment: Semiconductor demand tied to the AI buildout remains strong, with articles highlighting ongoing hyperscaler spending and persistent memory shortages that could support chipmakers’ earnings and keep investor interest in the sector elevated.
• Positive Sentiment: Broader market coverage says chip stocks helped power Wall Street to a strong first-half finish, reinforcing the idea that semiconductors are still one of the market’s key growth trades. Dow rises 110 points as chip stocks power Wall Street to strong first-half finish
• Neutral Sentiment: Several new ETF comparison pieces are drawing attention to semiconductor funds such as SMH, which may keep the sector in focus but do not themselves change the fundamentals of the holdings.
• Negative Sentiment: KLA Corporation (a semiconductor equipment name often held in SMH) fell sharply after a sector-wide sell-off, as investors locked in gains following a record-breaking first half for semiconductors. Why KLA Corporation (KLAC) Stock Is Down Today
• Negative Sentiment: Leveraged and equal-weight semiconductor ETF headlines show some investors reassessing risk and return in the chip trade, a sign that momentum may be cooling after a big run-up.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $620.46 on Thursday. VanEck Semiconductor ETF has a 1 year low of $274.66 and a 1 year high of $671.83. The company has a market cap of $72.09 billion, a price-to-earnings ratio of 34.83 and a beta of 1.72. The firm has a fifty day moving average of $580.82 and a 200-day moving average of $460.78.

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.