Optivise Advisory Services LLC Sells 299 Shares of VanEck Semiconductor ETF $SMH

Optivise Advisory Services LLC decreased its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 27.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 805 shares of the company’s stock after selling 299 shares during the period. Optivise Advisory Services LLC’s holdings in VanEck Semiconductor ETF were worth $224,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in SMH. Grove Bank & Trust bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth about $25,000. Trust Co. of Toledo NA OH acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at approximately $25,000. Banque Transatlantique SA acquired a new stake in shares of VanEck Semiconductor ETF in the first quarter valued at approximately $27,000. UMB Bank n.a. bought a new position in VanEck Semiconductor ETF in the 2nd quarter worth approximately $28,000. Finally, Hilltop National Bank acquired a new position in VanEck Semiconductor ETF during the 2nd quarter worth $28,000.

VanEck Semiconductor ETF Stock Performance

Shares of SMH opened at $352.76 on Wednesday. The business’s fifty day moving average price is $326.34 and its two-hundred day moving average price is $285.22. The firm has a market capitalization of $35.41 billion, a price-to-earnings ratio of 34.83 and a beta of 1.52. VanEck Semiconductor ETF has a 52 week low of $170.11 and a 52 week high of $372.78.

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.