Montecito Bank & Trust Sells 145 Shares of VanEck Semiconductor ETF (NASDAQ:SMH)

Montecito Bank & Trust trimmed its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 7.4% in the second quarter, HoldingsChannel.com reports. The firm owned 1,815 shares of the company’s stock after selling 145 shares during the period. Montecito Bank & Trust’s holdings in VanEck Semiconductor ETF were worth $473,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Macroview Investment Management LLC grew its stake in VanEck Semiconductor ETF by 245.2% during the fourth quarter. Macroview Investment Management LLC now owns 145 shares of the company’s stock worth $25,000 after buying an additional 103 shares during the last quarter. Silicon Valley Capital Partners bought a new stake in VanEck Semiconductor ETF during the 1st quarter worth about $25,000. Creekmur Asset Management LLC acquired a new position in VanEck Semiconductor ETF during the 4th quarter valued at about $30,000. Pineridge Advisors LLC grew its position in shares of VanEck Semiconductor ETF by 294.1% during the 1st quarter. Pineridge Advisors LLC now owns 134 shares of the company’s stock worth $30,000 after buying an additional 100 shares during the period. Finally, Olistico Wealth LLC acquired a new stake in shares of VanEck Semiconductor ETF during the 2nd quarter worth approximately $31,000.

VanEck Semiconductor ETF Stock Down 0.3 %

NASDAQ SMH traded down $0.67 during trading hours on Friday, hitting $245.70. The company’s stock had a trading volume of 3,029,437 shares, compared to its average volume of 8,574,208. The stock has a fifty day moving average of $253.34 and a 200 day moving average of $230.81. VanEck Semiconductor ETF has a twelve month low of $136.10 and a twelve month high of $283.07. The firm has a market capitalization of $22.10 billion, a P/E ratio of 18.82 and a beta of 1.35.

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.