VanEck Semiconductor ETF (NASDAQ:SMH) Stock Price Down 0.5%

VanEck Semiconductor ETF (NASDAQ:SMH)’s stock price fell 0.5% during trading on Wednesday . The company traded as low as $220.65 and last traded at $220.83. 2,858,543 shares traded hands during mid-day trading, a decline of 66% from the average session volume of 8,499,151 shares. The stock had previously closed at $221.94.

VanEck Semiconductor ETF Price Performance

The company has a 50-day moving average of $243.90 and a 200 day moving average of $236.28. The company has a market cap of $20.73 billion, a PE ratio of 18.82 and a beta of 1.35.

Institutional Trading of VanEck Semiconductor ETF

A number of institutional investors have recently bought and sold shares of SMH. SG Americas Securities LLC lifted its stake in shares of VanEck Semiconductor ETF by 101.1% during the 2nd quarter. SG Americas Securities LLC now owns 13,898 shares of the company’s stock worth $3,623,000 after acquiring an additional 1,270,998 shares during the last quarter. Jane Street Group LLC increased its stake in VanEck Semiconductor ETF by 20.9% in the first quarter. Jane Street Group LLC now owns 6,044,932 shares of the company’s stock worth $1,360,049,000 after purchasing an additional 1,045,570 shares during the period. Saudi Central Bank bought a new stake in shares of VanEck Semiconductor ETF during the fourth quarter worth $105,273,000. Migdal Insurance & Financial Holdings Ltd. boosted its stake in shares of 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 valued at $246,144,000 after purchasing an additional 494,164 shares during the period. Finally, Liberty Wealth Management LLC grew its holdings in shares of VanEck Semiconductor ETF by 24,432.5% in 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 during the last quarter.

About VanEck Semiconductor ETF

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.