VanEck Semiconductor ETF $SMH Stock Holdings Reduced by Principle Wealth Partners LLC

Principle Wealth Partners LLC trimmed its stake in VanEck Semiconductor ETF (NASDAQ:SMH) by 22.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 56,406 shares of the company’s stock after selling 16,510 shares during the quarter. VanEck Semiconductor ETF comprises about 1.6% of Principle Wealth Partners LLC’s holdings, making the stock its 12th biggest position. Principle Wealth Partners LLC’s holdings in VanEck Semiconductor ETF were worth $34,352,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kaydan Wealth Management Inc. raised its holdings in shares of VanEck Semiconductor ETF by 3.6% during the third quarter. Kaydan Wealth Management Inc. now owns 520 shares of the company’s stock valued at $317,000 after purchasing an additional 18 shares during the period. Pinnacle Wealth Management Advisory Group LLC boosted its position in shares of VanEck Semiconductor ETF by 0.6% during the 2nd quarter. Pinnacle Wealth Management Advisory Group LLC now owns 3,472 shares of the company’s stock worth $2,277,000 after purchasing an additional 21 shares in the last quarter. Lantern Wealth Advisors LLC grew its stake in shares of VanEck Semiconductor ETF by 2.1% in the 3rd quarter. Lantern Wealth Advisors LLC now owns 1,030 shares of the company’s stock valued at $627,000 after buying an additional 21 shares during the period. JSF Financial LLC grew its stake in shares of VanEck Semiconductor ETF by 2.7% in the 1st quarter. JSF Financial LLC now owns 1,071 shares of the company’s stock valued at $411,000 after buying an additional 28 shares during the period. Finally, Leigh Baldwin & CO. LLC grew its stake in shares of VanEck Semiconductor ETF by 2.1% in the 1st quarter. Leigh Baldwin & CO. LLC now owns 1,455 shares of the company’s stock valued at $558,000 after buying an additional 30 shares during the period.

VanEck Semiconductor ETF Price Performance

Shares of VanEck Semiconductor ETF stock opened at $446.05 on Friday. VanEck Semiconductor ETF has a one year low of $315.05 and a one year high of $671.83. The firm has a market capitalization of $56.64 billion, a price-to-earnings ratio of 34.83 and a beta of 1.78. The business has a 50-day simple moving average of $567.78 and a 200 day simple moving average of $520.19.

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.