Moloney Securities Asset Management LLC Has $948,000 Stake in VanEck Semiconductor ETF $SMH

Moloney Securities Asset Management LLC decreased its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 42.2% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,400 shares of the company’s stock after selling 2,486 shares during the quarter. Moloney Securities Asset Management LLC’s holdings in VanEck Semiconductor ETF were worth $948,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in SMH. Grove Bank & Trust acquired a new position in VanEck Semiconductor ETF in the second quarter valued at about $25,000. Trust Co. of Toledo NA OH acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth about $25,000. Banque Transatlantique SA acquired a new stake in shares of VanEck Semiconductor ETF during the first quarter worth about $27,000. UMB Bank n.a. acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth about $28,000. Finally, Hilltop National Bank acquired a new stake in shares of VanEck Semiconductor ETF during the second quarter worth about $28,000.

VanEck Semiconductor ETF Price Performance

NASDAQ SMH opened at $351.14 on Friday. The firm has a market cap of $34.48 billion, a P/E ratio of 34.83 and a beta of 1.35. The stock’s 50-day moving average is $316.56 and its 200-day moving average is $275.49. VanEck Semiconductor ETF has a one year low of $170.11 and a one year high of $352.94.

About VanEck Semiconductor ETF

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.