Burke & Herbert Bank & Trust Co. reduced its position in VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 46.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,231 shares of the company’s stock after selling 3,608 shares during the quarter. Burke & Herbert Bank & Trust Co.’s holdings in VanEck Semiconductor ETF were worth $2,577,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also bought and sold shares of SMH. Schuylkill Financial LLC purchased a new position in VanEck Semiconductor ETF in the 2nd quarter worth approximately $2,262,000. XML Financial LLC boosted its stake in shares of VanEck Semiconductor ETF by 4,002.7% during the second quarter. XML Financial LLC now owns 27,693 shares of the company’s stock valued at $18,164,000 after purchasing an additional 27,018 shares during the period. Markowski Investments bought a new position in shares of VanEck Semiconductor ETF in the second quarter worth approximately $656,000. Valued Retirements Inc. purchased a new position in shares of VanEck Semiconductor ETF in the second quarter worth $4,503,000. Finally, PCG Wealth Advisors LLC raised its holdings in VanEck Semiconductor ETF by 11.8% during the 2nd quarter. PCG Wealth Advisors LLC now owns 13,707 shares of the company’s stock valued at $8,990,000 after buying an additional 1,447 shares during the last quarter.
VanEck Semiconductor ETF Stock Down 11.5%
NASDAQ:SMH opened at $446.05 on Friday. The firm has a market capitalization of $56.64 billion, a P/E ratio of 34.83 and a beta of 1.78. The company has a fifty day moving average of $567.78 and a 200 day moving average of $520.19. VanEck Semiconductor ETF has a 52 week low of $315.05 and a 52 week 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.
Featured Stories
- Five stocks we like better than VanEck Semiconductor ETF
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
- Oil, Uranium, or Renewables? 3 Energy Plays for a Changing Market
Receive News & Ratings for VanEck Semiconductor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VanEck Semiconductor ETF and related companies with MarketBeat.com's FREE daily email newsletter.
