Advisory Services Network LLC Has $5.37 Million Stock Holdings in VanEck Semiconductor ETF (NASDAQ:SMH)

Advisory Services Network LLC trimmed its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 9.2% in the first quarter, according to the company in its most recent filing with the SEC. The firm owned 23,866 shares of the company’s stock after selling 2,410 shares during the quarter. Advisory Services Network LLC’s holdings in VanEck Semiconductor ETF were worth $5,370,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Advisory Alpha LLC increased its stake in shares of VanEck Semiconductor ETF by 17.1% in the first quarter. Advisory Alpha LLC now owns 1,876 shares of the company’s stock valued at $422,000 after buying an additional 274 shares during the period. DiNuzzo Private Wealth Inc. bought a new position in shares of VanEck Semiconductor ETF in the first quarter valued at approximately $161,000. Geneos Wealth Management Inc. lifted its holdings in VanEck Semiconductor ETF by 28.8% during the first quarter. Geneos Wealth Management Inc. now owns 2,125 shares of the company’s stock worth $478,000 after acquiring an additional 475 shares during the period. WBI Investments LLC bought a new stake in VanEck Semiconductor ETF during the first quarter worth $355,000. Finally, Csenge Advisory Group increased its position in VanEck Semiconductor ETF by 276.7% in the first quarter. Csenge Advisory Group now owns 24,604 shares of the company’s stock worth $5,536,000 after buying an additional 18,073 shares during the last quarter.

VanEck Semiconductor ETF Trading Up 2.4 %

Shares of NASDAQ SMH traded up $6.48 during mid-day trading on Friday, hitting $277.50. The company had a trading volume of 2,991,797 shares, compared to its average volume of 8,054,879. The company has a market capitalization of $24.10 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. VanEck Semiconductor ETF has a 1 year low of $136.10 and a 1 year high of $283.07. The stock’s 50-day moving average price is $250.65 and its 200-day moving average price is $219.75.

About VanEck Semiconductor ETF

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.