Simplicity Wealth LLC reduced its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 27.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,102 shares of the company’s stock after selling 1,909 shares during the period. Simplicity Wealth LLC’s holdings in VanEck Semiconductor ETF were worth $3,107,000 at the end of the most recent quarter.
A number of other hedge funds have also made changes to their positions in SMH. Madrona Financial Services LLC purchased a new stake in shares of VanEck Semiconductor ETF during the third quarter worth approximately $14,362,000. Ascent Wealth Partners LLC acquired a new position in VanEck Semiconductor ETF in the 3rd quarter valued at $638,000. Lantern Wealth Advisors LLC raised its stake in 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 purchasing an additional 21 shares during the last quarter. Altura Wealth Advisors Inc. raised its stake in VanEck Semiconductor ETF by 9.1% in the 3rd quarter. Altura Wealth Advisors Inc. now owns 5,614 shares of the company’s stock valued at $3,419,000 after purchasing an additional 467 shares during the last quarter. Finally, Manchester Capital Management LLC purchased a new position in VanEck Semiconductor ETF in the 3rd quarter valued at $61,000.
VanEck Semiconductor ETF Stock Performance
Shares of SMH stock opened at $527.20 on Monday. The stock’s fifty day moving average is $574.68 and its two-hundred day moving average is $567.34. The firm has a market capitalization of $65.71 billion, a P/E ratio of 34.83 and a beta of 1.73. VanEck Semiconductor ETF has a fifty-two week low of $315.05 and a fifty-two week high of $671.83.
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.
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