VanEck Semiconductor ETF $SMH Stock Sold by Soundwatch Capital LLC

Soundwatch Capital LLC lowered its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 95.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 613 shares of the company’s stock after selling 13,429 shares during the quarter. Soundwatch Capital LLC’s holdings in VanEck Semiconductor ETF were worth $386,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in SMH. Kaydan Wealth Management Inc. increased its position in VanEck Semiconductor ETF by 3.6% in the third quarter. Kaydan Wealth Management Inc. now owns 520 shares of the company’s stock worth $317,000 after purchasing an additional 18 shares during the period. Pinnacle Wealth Management Advisory Group LLC lifted its position in 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 valued at $2,277,000 after purchasing an additional 21 shares during the period. Lantern Wealth Advisors LLC lifted its position in VanEck Semiconductor ETF by 2.1% during 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 period. Hohimer Wealth Management LLC boosted its stake in shares of VanEck Semiconductor ETF by 6.9% in the 3rd quarter. Hohimer Wealth Management LLC now owns 418 shares of the company’s stock valued at $255,000 after purchasing an additional 27 shares during the last quarter. Finally, JSF Financial LLC boosted 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 purchasing an additional 28 shares during the last quarter.

VanEck Semiconductor ETF Price Performance

Shares of NASDAQ:SMH opened at $487.41 on Tuesday. The stock has a market cap of $63.04 billion, a price-to-earnings ratio of 24.39 and a beta of 1.80. The company has a 50 day moving average of $564.29 and a 200-day moving average of $520.99. VanEck Semiconductor ETF has a one year low of $315.05 and a one year 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.