Axxcess Wealth Management LLC Has $256,000 Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Axxcess Wealth Management LLC lessened its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 32.7% in the 4th quarter, Holdings Channel reports. The institutional investor owned 1,465 shares of the company’s stock after selling 713 shares during the quarter. Axxcess Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $256,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in SMH. CI Investments Inc. boosted its stake in VanEck Semiconductor ETF by 166.7% in the 3rd quarter. CI Investments Inc. now owns 1,553,303 shares of the company’s stock worth $225,198,000 after purchasing an additional 970,943 shares during the period. Meitav Investment House Ltd. raised its position in VanEck Semiconductor ETF by 103.2% in the 4th quarter. Meitav Investment House Ltd. now owns 732,008 shares of the company’s stock valued at $127,948,000 after buying an additional 371,831 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its stake in VanEck Semiconductor ETF by 103.9% in the 4th quarter. Raymond James Financial Services Advisors Inc. now owns 295,190 shares of the company’s stock valued at $51,620,000 after acquiring an additional 150,444 shares in the last quarter. International Assets Investment Management LLC acquired a new position in VanEck Semiconductor ETF during the 4th quarter worth approximately $40,189,000. Finally, Diversified LLC grew its stake in shares of VanEck Semiconductor ETF by 1.4% during the 4th quarter. Diversified LLC now owns 168,235 shares of the company’s stock worth $29,419,000 after acquiring an additional 2,244 shares in the last quarter.

VanEck Semiconductor ETF Stock Down 0.6 %

NASDAQ SMH opened at $219.98 on Friday. The firm’s 50 day moving average is $219.79 and its 200-day moving average is $189.56. The company has a market capitalization of $18.59 billion, a PE ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 12-month low of $121.81 and a 12-month high of $239.14.

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.