Rockefeller Capital Management L.P. Sells 71,966 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Rockefeller Capital Management L.P. lowered its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 24.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 228,199 shares of the company’s stock after selling 71,966 shares during the quarter. Rockefeller Capital Management L.P.’s holdings in VanEck Semiconductor ETF were worth $56,012,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Mather Group LLC. grew its position in shares of VanEck Semiconductor ETF by 757.1% in the 2nd quarter. Mather Group LLC. now owns 300 shares of the company’s stock worth $78,000 after buying an additional 265 shares during the period. QRG Capital Management Inc. purchased a new stake in VanEck Semiconductor ETF in the second quarter worth about $325,000. Comerica Bank grew its holdings in VanEck Semiconductor ETF by 20.5% in the first quarter. Comerica Bank now owns 8,452 shares of the company’s stock worth $1,901,000 after purchasing an additional 1,440 shares during the period. Allspring Global Investments Holdings LLC bought a new position in shares of VanEck Semiconductor ETF during the third quarter valued at approximately $418,000. Finally, Zhang Financial LLC lifted its holdings in shares of VanEck Semiconductor ETF by 7.2% during the second quarter. Zhang Financial LLC now owns 1,087 shares of the company’s stock valued at $283,000 after purchasing an additional 73 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 1.6 %

Shares of SMH opened at $242.13 on Friday. VanEck Semiconductor ETF has a 52 week low of $156.56 and a 52 week high of $283.07. The stock has a market cap of $23.99 billion, a P/E ratio of 18.82 and a beta of 1.35. The business’s 50 day moving average price is $248.13 and its 200-day moving average price is $246.92.

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.