Zhang Financial LLC trimmed its position in shares of VanEck Semiconductor ETF (NASDAQ:SMH – Free Report) by 6.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,014 shares of the company’s stock after selling 73 shares during the period. Zhang Financial LLC’s holdings in VanEck Semiconductor ETF were worth $249,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Mather Group LLC. grew its position in VanEck Semiconductor ETF by 757.1% during the 2nd quarter. Mather Group LLC. now owns 300 shares of the company’s stock worth $78,000 after acquiring an additional 265 shares during the last quarter. Advance Capital Management Inc. bought a new position in VanEck Semiconductor ETF during the 1st quarter worth approximately $216,000. Key Client Fiduciary Advisors LLC bought a new position in VanEck Semiconductor ETF during the 1st quarter worth approximately $202,000. Mirador Capital Partners LP bought a new position in VanEck Semiconductor ETF during the 1st quarter worth approximately $998,000. Finally, QRG Capital Management Inc. bought a new position in VanEck Semiconductor ETF during the 2nd quarter worth approximately $325,000.
VanEck Semiconductor ETF Price Performance
SMH opened at $247.16 on Wednesday. The stock’s 50 day simple moving average is $239.67 and its 200 day simple moving average is $240.27. VanEck Semiconductor ETF has a 1 year low of $136.10 and a 1 year high of $283.07. The firm has a market cap of $24.21 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35.
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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