VanEck Semiconductor ETF (NASDAQ:SMH) Trading Down 0.5%

VanEck Semiconductor ETF (NASDAQ:SMH)’s stock price fell 0.5% on Wednesday . The company traded as low as $220.65 and last traded at $220.83. 2,858,543 shares changed 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 Stock Up 3.9 %

The company has a fifty 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 P/E ratio of 18.82 and a beta of 1.35.

Institutional Trading of VanEck Semiconductor ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Silicon Valley Capital Partners bought a new position in shares of VanEck Semiconductor ETF during the first quarter worth $25,000. Chilton Capital Management LLC purchased a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth approximately $26,000. Innealta Capital LLC bought a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at approximately $28,000. TD Capital Management LLC bought a new position in shares of VanEck Semiconductor ETF during the 2nd quarter valued at approximately $29,000. Finally, Creekmur Asset Management LLC bought a new stake in VanEck Semiconductor ETF in the fourth quarter worth $30,000.

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.