Larson Financial Group LLC Decreases Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Larson Financial Group LLC lessened its holdings in VanEck Semiconductor ETF (NASDAQ:SMH) by 11.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,478 shares of the company’s stock after selling 193 shares during the quarter. Larson Financial Group LLC’s holdings in VanEck Semiconductor ETF were worth $258,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently added to or reduced their stakes in the company. Sanctuary Wealth Management L.L.C. purchased a new position in VanEck Semiconductor ETF in the 3rd quarter worth $25,000. Macroview Investment Management LLC increased its position in shares of VanEck Semiconductor ETF by 245.2% in the fourth quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock valued at $25,000 after acquiring an additional 103 shares during the period. FinTrust Capital Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 363.2% in the third quarter. FinTrust Capital Advisors LLC now owns 176 shares of the company’s stock valued at $26,000 after acquiring an additional 138 shares during the period. Baker Avenue Asset Management LP increased its position in shares of VanEck Semiconductor ETF by 100.8% in the third quarter. Baker Avenue Asset Management LP now owns 256 shares of the company’s stock valued at $37,000 after acquiring an additional 32,000 shares during the period. Finally, Banque Cantonale Vaudoise increased its position in shares of VanEck Semiconductor ETF by 250.0% in the third quarter. Banque Cantonale Vaudoise now owns 280 shares of the company’s stock valued at $41,000 after acquiring an additional 200 shares during the period.

VanEck Semiconductor ETF Trading Up 2.4 %

SMH stock opened at $207.80 on Wednesday. The firm’s 50-day moving average price is $217.33 and its two-hundred day moving average price is $184.61. VanEck Semiconductor ETF has a 12-month low of $118.57 and a 12-month high of $239.14. The stock has a market capitalization of $17.35 billion, a price-to-earnings ratio of 17.70 and a beta of 1.35.

VanEck Semiconductor ETF Company 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.