VestGen Advisors LLC Sells 63,104 Shares of VanEck Semiconductor ETF $SMH

VestGen Advisors LLC lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 86.6% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,791 shares of the company’s stock after selling 63,104 shares during the period. VestGen Advisors LLC’s holdings in VanEck Semiconductor ETF were worth $5,963,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of SMH. Allied Private Wealth LLC purchased a new stake in shares of VanEck Semiconductor ETF during the second quarter worth $26,000. MassMutual Private Wealth & Trust FSB acquired a new stake in shares of VanEck Semiconductor ETF in the second quarter valued at $30,000. Timbuktu Capital Management LLC purchased a new position in VanEck Semiconductor ETF in the second quarter valued at $33,000. Kings Path Partners LLC purchased a new position in VanEck Semiconductor ETF in the third quarter valued at $30,000. Finally, Alpine Bank Wealth Management purchased a new position in VanEck Semiconductor ETF in the third quarter valued at $39,000.

VanEck Semiconductor ETF Price Performance

SMH opened at $567.67 on Thursday. VanEck Semiconductor ETF has a 12 month low of $315.05 and a 12 month high of $671.83. The stock has a market capitalization of $71.72 billion, a price-to-earnings ratio of 34.83 and a beta of 1.73. The business has a fifty day moving average price of $573.40 and a 200 day moving average price of $516.67.

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.