VanEck Semiconductor ETF (NASDAQ:SMH) Shares Sold by OneAscent Financial Services LLC

OneAscent Financial Services LLC cut its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 9.7% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 5,448 shares of the company’s stock after selling 586 shares during the period. OneAscent Financial Services LLC’s holdings in VanEck Semiconductor ETF were worth $1,226,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the stock. Meitav Investment House Ltd. raised its position in VanEck Semiconductor ETF by 103.2% during the fourth 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 period. Saudi Central Bank acquired a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at about $105,273,000. Himension Capital Singapore PTE. LTD. raised its position in shares of VanEck Semiconductor ETF by 358.4% in the fourth quarter. Himension Capital Singapore PTE. LTD. now owns 318,624 shares of the company’s stock valued at $55,718,000 after buying an additional 249,112 shares during the last quarter. Raymond James Financial Services Advisors Inc. raised its position in shares of VanEck Semiconductor ETF by 103.9% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 295,190 shares of the company’s stock valued at $51,620,000 after buying an additional 150,444 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of VanEck Semiconductor ETF in the fourth quarter valued at about $40,189,000.

VanEck Semiconductor ETF Stock Performance

Shares of NASDAQ SMH traded up $1.84 during mid-day trading on Friday, reaching $260.70. The company’s stock had a trading volume of 7,743,251 shares, compared to its average volume of 8,199,485. The stock has a 50-day moving average of $239.98 and a two-hundred day moving average of $213.59. The stock has a market capitalization of $22.03 billion, a P/E ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1-year low of $136.10 and a 1-year high of $279.57.

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.