Atlas Capital Advisors Inc. Has $121,000 Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Atlas Capital Advisors Inc. cut its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 28.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 500 shares of the company’s stock after selling 200 shares during the quarter. Atlas Capital Advisors Inc.’s holdings in VanEck Semiconductor ETF were worth $121,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in VanEck Semiconductor ETF in the fourth quarter valued at approximately $144,385,000. JPMorgan Chase & Co. boosted its holdings in VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock worth $319,983,000 after purchasing an additional 424,042 shares in the last quarter. Main Management ETF Advisors LLC increased its position in VanEck Semiconductor ETF by 36.7% during the third quarter. Main Management ETF Advisors LLC now owns 942,820 shares of the company’s stock worth $231,415,000 after buying an additional 253,300 shares during the last quarter. Harel Insurance Investments & Financial Services Ltd. raised its holdings in VanEck Semiconductor ETF by 144.3% during the fourth quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock valued at $83,114,000 after buying an additional 202,744 shares in the last quarter. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD acquired a new stake in shares of VanEck Semiconductor ETF in the fourth quarter worth about $28,664,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH opened at $180.80 on Friday. The business’s 50-day simple moving average is $232.34 and its 200-day simple moving average is $242.95. VanEck Semiconductor ETF has a 52 week low of $178.23 and a 52 week high of $283.07. The firm has a market cap of $16.29 billion, a price-to-earnings ratio of 25.25 and a beta of 1.39.

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.