RMR Wealth Builders Sells 267 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

RMR Wealth Builders trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 7.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,246 shares of the company’s stock after selling 267 shares during the period. RMR Wealth Builders’ holdings in VanEck Semiconductor ETF were worth $568,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. CI Investments Inc. boosted its stake in VanEck Semiconductor ETF by 166.7% in the third quarter. CI Investments Inc. now owns 1,553,303 shares of the company’s stock valued at $225,198,000 after acquiring an additional 970,943 shares during the last quarter. Meitav Investment House Ltd. increased its holdings in VanEck Semiconductor ETF by 103.2% in the 4th quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock worth $127,948,000 after acquiring an additional 371,831 shares during the last quarter. Private Advisor Group LLC raised its stake in VanEck Semiconductor ETF by 111.9% in the 4th quarter. Private Advisor Group LLC now owns 31,281 shares of the company’s stock valued at $5,371,000 after acquiring an additional 293,538 shares during the period. International Assets Investment Management LLC purchased a new stake in VanEck Semiconductor ETF during the fourth quarter valued at about $40,189,000. Finally, Raymond James Financial Services Advisors Inc. boosted its position in VanEck Semiconductor ETF by 103.9% during the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 295,190 shares of the company’s stock worth $51,620,000 after purchasing an additional 150,444 shares during the period.

VanEck Semiconductor ETF Stock Up 0.3 %

NASDAQ:SMH traded up $0.67 during midday trading on Wednesday, hitting $221.40. The company had a trading volume of 5,401,646 shares, compared to its average volume of 8,510,812. The stock’s fifty day moving average price is $219.51 and its 200-day moving average price is $189.33. VanEck Semiconductor ETF has a 52-week low of $121.81 and a 52-week high of $239.14. The company has a market capitalization of $18.47 billion, a PE ratio of 18.82 and a beta of 1.87.

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.