Thoroughbred Financial Services LLC Sells 2,166 Shares of VanEck Semiconductor ETF $SMH

Thoroughbred Financial Services LLC lowered its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 30.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,843 shares of the company’s stock after selling 2,166 shares during the period. Thoroughbred Financial Services LLC’s holdings in VanEck Semiconductor ETF were worth $1,350,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in SMH. Allspring Global Investments Holdings LLC increased its position in VanEck Semiconductor ETF by 13.0% during the 2nd quarter. Allspring Global Investments Holdings LLC now owns 3,469 shares of the company’s stock valued at $967,000 after purchasing an additional 400 shares during the period. Advyzon Investment Management LLC bought a new position in shares of VanEck Semiconductor ETF during the second quarter valued at approximately $2,745,000. AE Wealth Management LLC increased its holdings in VanEck Semiconductor ETF by 168.8% during the second quarter. AE Wealth Management LLC now owns 49,509 shares of the company’s stock valued at $13,807,000 after buying an additional 31,089 shares during the period. Fifth Third Bancorp raised its stake in VanEck Semiconductor ETF by 188.5% in the second quarter. Fifth Third Bancorp now owns 300 shares of the company’s stock worth $84,000 after buying an additional 196 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its stake in VanEck Semiconductor ETF by 19.9% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 30,737 shares of the company’s stock worth $8,718,000 after buying an additional 5,092 shares in the last quarter.

VanEck Semiconductor ETF Stock Up 0.0%

VanEck Semiconductor ETF stock opened at $344.98 on Friday. The firm has a market cap of $34.63 billion, a P/E ratio of 34.83 and a beta of 1.52. The business has a fifty day moving average of $335.95 and a two-hundred day moving average of $292.96. VanEck Semiconductor ETF has a twelve month low of $170.11 and a twelve month high of $372.78.

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.