Forte Capital LLC ADV Has $470,000 Stock Position in VanEck Semiconductor ETF (NASDAQ:SMH)

Forte Capital LLC ADV lowered its position in VanEck Semiconductor ETF (NASDAQ:SMH) by 11.3% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,917 shares of the company’s stock after selling 244 shares during the period. Forte Capital LLC ADV’s holdings in VanEck Semiconductor ETF were worth $470,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in SMH. Concurrent Investment Advisors LLC grew its holdings in shares of VanEck Semiconductor ETF by 38.3% during the third quarter. Concurrent Investment Advisors LLC now owns 50,610 shares of the company’s stock valued at $12,422,000 after buying an additional 14,026 shares during the last quarter. Avidian Wealth Enterprises LLC lifted its position in VanEck Semiconductor ETF by 59.9% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 2,738 shares of the company’s stock valued at $672,000 after acquiring an additional 1,026 shares in the last quarter. HF Advisory Group LLC boosted its stake in VanEck Semiconductor ETF by 19.5% during the 3rd quarter. HF Advisory Group LLC now owns 1,185 shares of the company’s stock valued at $291,000 after purchasing an additional 193 shares during the last quarter. NorthRock Partners LLC increased its holdings in VanEck Semiconductor ETF by 179.5% during the 3rd quarter. NorthRock Partners LLC now owns 2,404 shares of the company’s stock worth $590,000 after purchasing an additional 1,544 shares in the last quarter. Finally, Clarity Capital Partners LLC raised its stake in shares of VanEck Semiconductor ETF by 2.8% in the third quarter. Clarity Capital Partners LLC now owns 1,590 shares of the company’s stock worth $390,000 after purchasing an additional 44 shares during the last quarter.

VanEck Semiconductor ETF Stock Up 2.4 %

Shares of NASDAQ:SMH opened at $261.02 on Friday. The business’s 50 day moving average is $243.20 and its 200 day moving average is $243.51. VanEck Semiconductor ETF has a 12-month low of $150.44 and a 12-month high of $283.07. The stock has a market cap of $25.86 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.