VanEck Semiconductor ETF $SMH Shares Sold by Jackson Wealth Management LLC

Jackson Wealth Management LLC lowered its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 94.8% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 2,611 shares of the company’s stock after selling 47,559 shares during the period. VanEck Semiconductor ETF makes up about 1.0% of Jackson Wealth Management LLC’s investment portfolio, making the stock its 18th largest holding. Jackson Wealth Management LLC’s holdings in VanEck Semiconductor ETF were worth $1,713,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of SMH. AQR Capital Management LLC raised its holdings in shares of VanEck Semiconductor ETF by 4.8% during the first quarter. AQR Capital Management LLC now owns 2,381 shares of the company’s stock valued at $504,000 after acquiring an additional 109 shares during the period. Empowered Funds LLC boosted its stake in VanEck Semiconductor ETF by 32.5% in the 1st quarter. Empowered Funds LLC now owns 11,789 shares of the company’s stock worth $2,493,000 after purchasing an additional 2,890 shares during the period. EverSource Wealth Advisors LLC boosted its stake in VanEck Semiconductor ETF by 28.6% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 477 shares of the company’s stock worth $133,000 after purchasing an additional 106 shares during the period. First Trust Advisors LP purchased a new position in VanEck Semiconductor ETF during the 2nd quarter worth approximately $370,000. Finally, Gamco Investors INC. ET AL acquired a new stake in VanEck Semiconductor ETF during the 2nd quarter valued at $1,116,000.

VanEck Semiconductor ETF Stock Up 0.6%

SMH opened at $556.63 on Tuesday. The firm has a market capitalization of $69.93 billion, a P/E ratio of 34.83 and a beta of 1.73. The stock has a fifty day moving average of $579.03 and a 200-day moving average of $517.88. VanEck Semiconductor ETF has a 12-month low of $281.74 and a 12-month high of $671.83.

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.