Fifth Third Securities Inc. Sells 2,099 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Fifth Third Securities Inc. reduced its stake in shares of VanEck Semiconductor ETF (NASDAQ:SMH) by 4.6% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 43,484 shares of the company’s stock after selling 2,099 shares during the period. VanEck Semiconductor ETF comprises approximately 1.0% of Fifth Third Securities Inc.’s portfolio, making the stock its 21st biggest position. Fifth Third Securities Inc.’s holdings in VanEck Semiconductor ETF were worth $11,336,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the stock. Allworth Financial LP lifted its position in shares of VanEck Semiconductor ETF by 81.5% during the fourth quarter. Allworth Financial LP now owns 550 shares of the company’s stock valued at $96,000 after purchasing an additional 247 shares in the last quarter. Bleakley Financial Group LLC purchased a new position in shares of VanEck Semiconductor ETF in the 4th quarter worth approximately $214,000. Strategic Blueprint LLC bought a new position in shares of VanEck Semiconductor ETF in the fourth quarter valued at approximately $232,000. Sequoia Financial Advisors LLC increased its position in shares of VanEck Semiconductor ETF by 6.7% during the fourth quarter. Sequoia Financial Advisors LLC now owns 1,539 shares of the company’s stock valued at $269,000 after acquiring an additional 97 shares during the last quarter. Finally, Cerity Partners LLC bought a new stake in VanEck Semiconductor ETF during the fourth quarter worth $656,000.

VanEck Semiconductor ETF Stock Up 0.9 %

SMH stock traded up $2.11 during midday trading on Monday, hitting $226.96. The company’s stock had a trading volume of 6,749,752 shares, compared to its average volume of 8,626,508. The stock has a market cap of $20.41 billion, a price-to-earnings ratio of 18.82 and a beta of 1.35. The stock’s 50-day moving average price is $253.95 and its 200 day moving average price is $230.32. VanEck Semiconductor ETF has a 1 year low of $136.10 and a 1 year high of $283.07.

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.