Annex Advisory Services LLC Decreases Stock Position in VanEck Semiconductor ETF $SMH

Annex Advisory Services LLC lowered its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 17.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,915 shares of the company’s stock after selling 395 shares during the period. Annex Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $534,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Delos Wealth Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 0.6% in the first quarter. Delos Wealth Advisors LLC now owns 7,402 shares of the company’s stock worth $1,565,000 after buying an additional 43 shares during the period. Sound View Wealth Advisors Group LLC increased its holdings in shares of VanEck Semiconductor ETF by 1.3% in the first quarter. Sound View Wealth Advisors Group LLC now owns 3,511 shares of the company’s stock worth $742,000 after buying an additional 46 shares during the period. Signature Estate & Investment Advisors LLC increased its holdings in shares of VanEck Semiconductor ETF by 1.2% in the first quarter. Signature Estate & Investment Advisors LLC now owns 3,990 shares of the company’s stock worth $844,000 after buying an additional 47 shares during the period. GK Wealth Management LLC increased its holdings in shares of VanEck Semiconductor ETF by 2.6% in the second quarter. GK Wealth Management LLC now owns 1,889 shares of the company’s stock worth $527,000 after buying an additional 47 shares during the period. Finally, Forte Capital LLC ADV increased its holdings in shares of VanEck Semiconductor ETF by 3.1% in the first quarter. Forte Capital LLC ADV now owns 1,572 shares of the company’s stock worth $332,000 after buying an additional 48 shares during the period.

VanEck Semiconductor ETF Trading Down 0.4%

SMH opened at $315.71 on Monday. The company has a market cap of $29.15 billion, a P/E ratio of 34.83 and a beta of 1.35. VanEck Semiconductor ETF has a 12 month low of $170.11 and a 12 month high of $318.62. The business’s 50-day moving average price is $294.34 and its 200-day moving average price is $255.26.

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.