Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD Trims Stock Holdings in VanEck Semiconductor ETF $SMH

Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD cut its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 24.3% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 31,135 shares of the company’s stock after selling 9,996 shares during the quarter. VanEck Semiconductor ETF comprises about 2.5% of Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s holdings, making the stock its 8th largest position. Kranot Hishtalmut Le Morim Tichoniim Havera Menahelet LTD’s holdings in VanEck Semiconductor ETF were worth $20,421,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of SMH. Berger Financial Group Inc lifted its holdings in VanEck Semiconductor ETF by 1.3% in the first quarter. Berger Financial Group Inc now owns 1,659 shares of the company’s stock valued at $636,000 after buying an additional 21 shares during the period. Goodman Advisory Group LLC boosted its position in VanEck Semiconductor ETF by 7.8% during the first quarter. Goodman Advisory Group LLC now owns 318 shares of the company’s stock valued at $122,000 after acquiring an additional 23 shares during the last quarter. Howe & Rusling Inc. grew its holdings in VanEck Semiconductor ETF by 4.3% during the 1st quarter. Howe & Rusling Inc. now owns 612 shares of the company’s stock worth $235,000 after acquiring an additional 25 shares during the period. Brooklyn Investment Group grew its holdings in VanEck Semiconductor ETF by 2.2% during the 4th quarter. Brooklyn Investment Group now owns 1,192 shares of the company’s stock worth $434,000 after acquiring an additional 26 shares during the period. Finally, Total Clarity Wealth Management Inc. raised its position in shares of VanEck Semiconductor ETF by 1.1% in the 1st quarter. Total Clarity Wealth Management Inc. now owns 2,567 shares of the company’s stock worth $984,000 after acquiring an additional 27 shares in the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $573.73 on Wednesday. The company has a market capitalization of $72.08 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The business’s 50-day moving average is $570.65 and its 200-day moving average is $524.22. VanEck Semiconductor ETF has a 1 year low of $295.11 and a 1 year high of $671.83.

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.