Darden Wealth Group Inc Sells 107 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Darden Wealth Group Inc decreased its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 3.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,345 shares of the company’s stock after selling 107 shares during the period. Darden Wealth Group Inc’s holdings in VanEck Semiconductor ETF were worth $810,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of SMH. Raymond James Financial Inc. bought a new position in VanEck Semiconductor ETF in the 4th quarter valued at $144,385,000. JPMorgan Chase & Co. raised its holdings in shares of VanEck Semiconductor ETF by 48.2% in the third quarter. JPMorgan Chase & Co. now owns 1,303,657 shares of the company’s stock valued at $319,983,000 after buying an additional 424,042 shares during the last quarter. Main Management ETF Advisors LLC lifted its position in VanEck Semiconductor ETF by 36.7% during the 3rd 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 in the last quarter. Harel Insurance Investments & Financial Services Ltd. grew its holdings in VanEck Semiconductor ETF by 144.3% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 343,206 shares of the company’s stock worth $83,114,000 after acquiring an additional 202,744 shares during the last quarter. Finally, Kranot Hishtalmut Le Morim Ve Gananot Havera Menahelet LTD acquired a new stake in VanEck Semiconductor ETF in the 4th quarter valued at about $28,664,000.

VanEck Semiconductor ETF Trading Down 7.6 %

Shares of SMH stock opened at $180.80 on Friday. VanEck Semiconductor ETF has a 1 year low of $178.23 and a 1 year high of $283.07. The firm’s 50 day moving average is $232.34 and its 200-day moving average is $242.95. The firm has a market capitalization of $16.29 billion, a price-to-earnings ratio of 25.25 and a beta of 1.39.

VanEck Semiconductor ETF 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.